this post was submitted on 01 May 2026
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We're not, basically because none (?) of our resources are Persian Gulf-style money printers. Like, we have oil, but it needs a whole lot of work to get from tar sand to gas tank. Down there it gets close to just sticking a straw in the ground.
The end result is that we're still one of the richest countries per capita, we just spend a lot of man hours on farming. mining and drilling, instead of on manufacturing like they do in Germany or Japan.
I wonder how many other natural resources Saudi Arabia has compared to Canada
Like do they have forestry, mining, other materials, agriculture, potash, freshwater lakes, fisheries, other wildlife, tourism
They have Mecca. Otherwise, basically no, AFAIK it's a one-trick pony. And there's a bit of a problem getting that trick to market ATM.
(We also have a somewhat larger population than them)
Saudi Arabia probably has a total value in resources not too different from Canada, but much more concentrated on fossil fuels and for which it is/was much more straightforward to build the extraction infrastructure