Top 10 Countries With Least Natural Resources In The World
The natural resources of any country are the main factors that determine its wealth and economic development. This is also increasing. They are responsible for making the country self-reliant and independent.
But the country's natural resources may not guarantee economic progress and growth because some countries like Liberia and Sierra Leone are rich in natural resources but with that they have slow and sustainable economies. Belgium. On the other hand, Singapore and Hong Kong are countries with a lot of natural resources. few natural resources. resources with a strong economy.
So dependence on natural resources should exist, but not total dependence. But natural resources are necessary because the country only manages its spending thanks to them. Below is a list of countries with the least natural resources.
Top 10 Countries With Least Natural Resources In The World
- Vatican City
- Costa Rica
- Switzerland
- Belgium
- Taiwan
- Japan
- Hong Kong
- Jan Mayen
- Singapore
- Gibraltar
1. Vatican City
Vatican City is the country with the fewest natural resources. This country has almost no natural resources. The country is completely lacking in coal reserves. Natural gas reserves are also non-existent.
State oil reserves are also zero. So, this country does not even have precious metals and extremely scarce reserves of gold or silver, thus taking the first place in the list of natural resources.
2. Costa Rica
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Costa Rica has fewer natural reserves. This is a green country with a thriving agricultural economy thanks to tourism.
Costa Rica has fewer natural resources that influence its economy, but the country survives on tourism as well as the production and export of bananas, pineapples, coffee, beef, sugar, dairy products made from rice and other ornamental plants and flowers. There are no metallic oil and gas reserves.
3. Switzerland
The village of Zermatt is famous for its Matterhorn peak in the Swiss Alps
Switzerland's natural and mineral resources are very limited. Although it has small iron reserves, the country lacks oil and gas reserves. Switzerland has diverse but not numerous reserves of saline clay, gravel and marble.
4. Belgium
Belgium is also a country with few natural resources but despite that, the country is still very developed. The country's main export products are cement, sand and some carbonates. The country also has small amounts of oil, hydroelectric power and other small reserves of commercial value.
5. Taiwan
Taiwan is the country with the fewest natural resources. But compared to the other countries above, it has reserves of limestone, water power and other 2. But the country still does not have enough natural reserves.
6. Japan
Japan is a country that is growing industrially and, therefore, its mechanical products are then exported throughout the world. It has a high standard of living and is a developed country but is poor in the sense of the natural resources which are very limited.
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It lacks complete petroleum reserves. It also doesn’t have enough hydroelectric power and water resources. it also lacks metal resources.
7. Hong Kong
Hong Kon is a country with few natural reserves. But still, hong kong’s limited natural resources include metalliferous minerals. It also has industrial minerals, onshore sea minerals but in very small quantities. It has a small quantity of quarried rock and building stones and a few sand deposits.
8. Jan Mayen
Jay Mayen is a small island with almost none of the exploitable natural reserves. The country has all traces of minerals and other metals with little petroleum reserves. This country has nothing much except for water resources.
9. Singapore
Singapore has a tiny amount of natural reserves. Deep water resources of petroleum have been mined and are exported. But Singapore earns more from technological instruments and computers. Water is used for producing electricity but still, Singapore buys its drinking water even from other countries.
10. Gibraltar
The Rock of Gibraltar, also known as the Rock, is a monolithic limestone promontory located in the territory of Gibraltar, near the southwestern tip of Europe on the Iberian Peninsula.
Gibraltar is a small country and is also poor in natural reserves. It has no significant reserve of the of big nature’s reserves however small amount of sand and limestone can be found here.
