Ten Countries with the Richest Natural Renewable and Non-Renewable Resources

Certain economists refer to the phenomenon known as "the natural resource curse." Interestingly, numerous countries abundant in oil or diamonds tend to experience instability, inefficiency, and authoritarian governance, whereas some of the most barren and inhospitable nations flourish (consider the contrast between Congo and Iceland). However, this perspective is overly simplistic, as evidenced by an examination of the world's wealthiest resource-rich nations.