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Which South American country is ranked by the World Bank as among the 17 potentially richest countries in the world and why?
Wiki User
∙ 14y ago
Suriname, the smallest sovereign country in South America, is ranked by the World Bank as one of the 17 potentially richest countries in the world. Suriname has important Natural Resources, including aluminum oxide [alumina], bauxite, diamonds, gold, and oil. Suriname is one of the top 10 producers of bauxite in the world. The Aluminum Company of America subsidiary, SURALCO, in fact has been engaging in profitable bauxite mining in Suriname since 1916.
Around 80 percent of Suriname is pristine rainforest. Commercially, that means a possible wide range of products from wood to natural medicines to dyes and cosmetics. It also means a possible wide range of activities for the mushrooming ecotourism industry.
Wiki User
∙ 14y ago
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