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According to the history countries that had a lof of natural resources were more developed than others.  However, with evolution of  the science not only new opportunities to earn money were found but also created new ways of extraction and usage of natural resources. Therefore, the impcat of natural resources on economy was not reduce. 

The differences in geographical location is one of the most important reason of economic variety among the world. For instanse, shares of natural resources in country's Gross Domestic Product.The  visualisation shows situation with natural resources from economic point of view in the XXI century.

 

World in 2020 Try now

World in 2020

Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.

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World GDP Ranking 2017 | GDP by country | Data and Charts

Global GDP is estimated to has grown by 3.09 percent in 2015 according to IMF World Economic Outlook. In 2016 world economy is continuing to slowly recover and projected to grow at modest 3.16 percent, before picking up to 3.54 percent in 2017. The recovery is driven mainly by developing economies which demonstrated the growth of 3.98 percent in 2015 and are expected to grow by 4.1 percent in 2016. At the same time, growth in advanced economies is estimated to has remained modest at 1.88 percent in 2015 and is projected to decrease to 1.86 percent in 2016. The United States, the largest economy in the world accounting for 24.5 percent of...

GDP by Country | Statistics from the World Bank, 1960-2015

GDP is the single most commonly referenced figure to cover the entirety of a national economy and its trajectory in a single statistic. Measured on the basis of purchasing power parities (PPP), GDP can be used for comparisons among peer countries. Using purchasing power parity with GDP involves a decrease of bias in economy estimation as PPP takes into account the relative cost of local goods, services and inflation rates of the country. Looking at the GDP figures from historic perspective allows understanding on what phase is the economy of a country at the moment. The data on GDP from the World Bank covers the period for the last half of...

GDP by country | World largest economies - 2016

US GDP Growth Forecast 2015-2019 and up to 2060 | Data and Charts

In this dashboard, we integrate the most recent medium and long-term forecasts of key economic indicators for G20 countries from major international organizations, namely, the World Bank, IMF, United Nations, OECD, European Commission and the Economist Intelligence Unit. The data presented cover projections of real GDP growth, characterizing each country's output of final goods and services; consumer price inflation, as a measure of price level movements; unemployment rate, or percent of those willing and able to work but cannot find it; current account balance, providing an idea of a country's position in the international exchange;...