2024-03-23T10:16:03+00:00
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/ Iraq was ranked among the many high ten nations possessing essentially the most worthwhile pure useful resource reserves, when it comes to complete estimated worth for the previous 3 years.
Based on the Statista web site, pure assets are the uncooked inputs utilized in making all the pieces that’s used, from intermediate items to remaining merchandise, and these assets are discovered within the floor amongst reserves that haven’t but been extracted.
Based on Statista estimates, Russia got here in first place, with the worth of its pure useful resource reserves amounting to $75 trillion. This quantity consists of coal, oil, pure fuel, gold, timber, and uncommon earth minerals.
The USA got here second, and the estimated worth of its pure assets is estimated at about 45 trillion {dollars}, roughly 90% of which is wooden and coal.
Iraq ranked ninth, because it possesses $15.9 trillion in pure assets, and its desert terrain comprises oil, pure fuel, phosphate and sulfur, in response to the location.
Iraq is the second largest producer of crude oil in OPEC, ranks fifth on this planet in possessing confirmed crude oil reserves, and depends on the export of crude oil to acquire a considerable amount of its revenues.