Top ten countries with least natural resources, Natural resources in any country are the major determinants of its richness and economic development. It also increases They are responsible e for the country to be self-sufficient and independent.
But the country’s natural resources may not guarantee ts progress and economic growth because some countries like Liberia and Sierra Leone are rich in natural resources but with that, they have a lingering slow economy and on other hand, Singapore and Hongkong lie countries with very little natural resources have the robust economy.
Thus, dependence on natural resources should be there but not complete dependence. But the natural resources are necessary as the country manages its expenses solely by them. Here is the list of countries with the least natural resources.
Contents
1.VATICAN CITY:
Vatican City is the country with the least natural resources. The country has almost no natural resources at all. The country is suffering from a complete lack of coal reserves. The natural gas reserves are also not existent.
The oil reserves of the state are also null. Therefore, the country has not even precious metals, and gold or silver reserves the country is extremely barren thus stands on number one in the list of natural resources.
2. COSTA RICA:
Costa Rica has less amount of nature’s reserves. It is a green country with an agricultural economy that has the economy flourishing by the tourism industry.
The least natural resources in Costa Rica has an influence on its economy, but the country has been surviving on its tourism industry and production and export of bananas, pineapples, coffee, beef, sugar, rice dairy, and other ornamental plants and flowers otherwise it doesn’t have any metal oil and gas reserves.
3. SWITZERLAND:
Switzerland’s natural and mineral resources are much limited. There are although small reserves of iron the country is barren regarding oil and gas reserves. A large variety of salt clay gravel clay and marble reserves are available in Switzerland but not much.
4. BELGIUM:
Belgium is also a nation not gifted with many natural resources but despite that, the country is well developed. The major thing the country export is the construction material cement, sand, and some carbonates.
The country also has a small amount of petroleum, hydropower, and other small reserves of commercial value.
5. TAIWAN:
Taiwan is a nation with the less natural resources. But as compared to the other above countries it contains some deposits of limestone, power of water, and other resources of the commercial value. But still, the country is having insufficient 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.
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 Kong 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. Deepwater 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:
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.
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