Quick Answer: What Is The Most Valuable Natural Resource On Earth?

What are 20 natural resources?

Natural Resources by CountryBauxite.Coal.Copper.Diamonds.Gold Lead.Iron ore.Mineral sands.Natural gas.More items….

Which country is rich in resources?

northam.co.za The most resource-rich country in the world is… probably Saudi Arabia. But oil isn’t the only valuable resource. A Citi report lists the richest countries in terms of metals and ore.

What is the world’s most valuable commodity?

Gold. The world’s most popular precious metal, gold will never go out of fashion. It has always been highly appreciated across different cultures and markets and has historically served as a proxy of prosperity and wealth. One of the most widely-traded metal commodities, gold is very rare and difficult to find.

How much is the Internet worth?

A 2019 study for the Internet Association believed it to be worth US$2.1 trillion to the United States’ US$20.5 trillion yearly GDP.

What are the most valuable resources in the world?

Top 11 Natural ResourcesWater. Like soil, water is one of the most important natural resources for the existence of life.Soil. … Timber. … Salt. … Oil. … Natural Gas. … Coal. … Iron. … More items…•

Which is the most consumed natural resource in the world?

The six natural resources most drained by our 7 billion peopleWater. Freshwater only makes 2.5% of the total volume of the world’s water, which is about 35 million km3. … Oil. The fear of reaching peak oil continues to haunt the oil industry. … Natural gas. … Phosphorus. … Coal. … Rare earth elements.

Is data worth more than gold?

Data collected in isolation has no value, so like gold, it needs to be manipulated and analysed to get the most out of it. Therefore like gold, data is a commodity. And it is the insight mined from this valuable resource that is the currency that gives you and your company the means to drive organic growth.

Is data worth more than oil?

However, in today’s “data economy,” it can be argued that data, due to the insight and knowledge that can be extracted from it, is potentially more valuable. … Like oil, raw data’s value comes from its potential to be refined into an essential commodity.

What are the two greatest natural resources in the world?

Top 10+ Natural Resources in the WorldWater. While the earth may be mostly water, only about 2-1/2 percent of it is freshwater. … Air. Clean air is necessary for the existence of life on this planet. … Coal. Coal is estimated to be able to last less than 200 more years. … Oil. … Natural gas. … Phosphorus. … Bauxite. … Copper.More items…