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in today's rule oil plays a big role

countries that have oil reserves managed

to become incredibly rich in a period of

short time today

this country's provide a high standard

of living to their residents in this

video we will look at five rich

countries that leaves about average

through the sale of oil let's start with

Saudi Arabia a relatively closed country

occupying 80% of the Arabian Peninsula

before the discovery and development of

oil fields by American companies in the

late 1930s the local economy was

extremely poor most of the population

led a nomadic or semi-nomadic lifestyle

and the main income came from raising

and selling livestock and from religious

tourism Saudi Arabia ranked second in

the world in oil reserves after

Venezuela 266 billion barrels today more

than 90% of Saudi Arabia's exports are

oil products they produce 10 million

barrels of oil per day the huge reserves

of easy available raw materials with a

relatively small population made Saudi

Arabia a very rich GDP per capita

adjusted for purchasing power parity it

ranks 14th in the world ahead of the

largest economies such as Australia


Canada and Japan Saudi Arabia has been

trying for decades to become a leader in

the Middle East as there are two shrines

revered by Muslims on its territory and

the state language of the kingdom is the

language of Islam in which all the Quran

is written and prayers are read in 4th

place a country not everybody knows

about and is among the seven richest

countries in the world in terms of per

capita income Kuwait is one of the most

controversial countries in the world

they profess Islam but women have the

same rights as man there is a huge

amount of oil which makes the country

one of the richest in the world oil in

Kuwait is cheaper than what

quit got independency in 1961 before

that it was under the protectorate of

Great Britain however relations with

neighbours Iraq and Saudi Arabia were

not easy the hardest was with Iran which

had that for the annexation of this

state and considered Kuwait as part of

its country on one hand the state is not

having a democratic regime on the other

hand people have very high standard of

living regarding women's rights this is

one of the most progressive Muslim


countries in this matter the level of

education of presidents exceeds 90% what

can I say if the citizens of the country

who want to study abroad the government

pays for everything from flying to

studying the country's currency is the

most valuable in the world and there is

one servant or maid per local huge oil

reserves allow them to leave and not to

deny anything there are no taxes in the

country there are huge benefits for

children and for divorce women in

general the rules of life in Kuwait are

simple do not use alcohol and drugs that

are prohibited there and do not

criticize the authorities here is such a

rich country with a high standard of

living of citizens who live in abundance

but are forced to remain silent

another Gulf country which over the

course of several decades has turned

from an oasis into one of the most

developed countries where the high

standard of living is United Arab

Emirates nine million people live in the

country of which only two million are

citizens of the country the rest are

foreigners who came here as workers the

UAE is a Muslim country with its own

traditions and culture the supplies to


clothing and behavior and in general

lifestyle no matter how many years you

have lived there no matter how much

energy and money you have

no one will grant a citizenship and all

related privilege even after buying an

expensive real estate it is impossible

to become a citizen of the United Arab

Emirates when the Emirates authorities

found oil 60 years ago they wanted to

get rid of the oil needle as quickly as

possible and built the incredible city

of Dubai which attracts tourists more

and more day by day last year a tiny

anyway according to the recent data was

visited by 20 million people the same as

huge russia with a large number of

attractions

now the share of oil in the country's

GDP is 20% which is lower than in Saudi

Arabia Angola Nigeria Kuwait and Qatar

which is surprising for a country

located in the desert the country has a

very high quality roads no corruption no

unemployment and very high salaries for

residents and for foreigners with higher

education forget about the salary when

the basic pension for citizens is almost

$3,000 per month undoubtedly


the leading positions in the country are

occupied by citizens at birth the state

opens an account for each child and by

the age of majority

it has about $100,000 on it

a young family receives from the

government a plot of land and about

twenty thousand dollars for a wedding

here is life in a country rich from oil

the next country is Brunei Brunei is

probably the least known country on our

list it is one of the five richest

countries in the world and is located on

the island of Kalimantan or Borneo near

Malaysia at first glance Brunei live in

paradise excellent climate all the year

only summer the country is rich in

resources the population is small people

unusually for Asia are very few the head

of the country is Sultan husana who at

the same time is the Prime Minister

Minister of Finance Minister of Defense

and Minister of Foreign Affairs he has

the largest collection of cars more than

7,000 his fortune is estimated at twenty

billion dollars and the suit on does

everything for his inhabitants so that

they live in prosperity health care in

Brunei is almost free for citizens if

some treatment is not available


domestically then patients are sent to

treatment by public expense to other

countries for example to Malaysia or

Singapore Brunei provides its citizens

with free education at all levels from

kindergarten to university moreover if

an applicant enters a foreign university

the state pays for his studies abroad

brunei citizens are exempt from income

tax

moreover they receive considerable

subsidies from the state the state pays

the traditional and no pilgrimage to

Mecca hatch the well-being of the

Sultanate is based almost exclusively on

extraction of oil and natural gas and

finally the first place the richest

country in the world for the past three

years the country where the football

World Cup will be held in 2020 second

hotter a small country in the Persian

Gulf which ranks third in terms of gas

reserves after Russia and Iran whose

exports brings Qatar large part of its

income the government of Qatar directs

income from oil and gas exports to the

development of the country and the

well-being of its residents the minimum

wage in the country starts from $500


mainly for maids janitors and other

unskilled workers from India Pakistan

Egypt and other Asian countries

companies that hire foreigners usually

pay for everything

insurance transportation housing and

food average salaries start from 2000

dollars were Europeans and

foreigners with higher education world

but the highest salaries are received by

the Qatari themselves or specialists in

the oil industry from five to ten

thousand dollars but most Qatari simply

does not work because this makes no

sense

they already receive various grants and

social support from the government in

2017 Saudi Arabia and the UAE declared

an economic blockade for Qatar as they

were against the country's foreign

policy but as soon as the blockade was

declared Iran and Turkey rushed to the

aid of Qatar proposing to create new

trading routes and supply a variety of

consumer goods through ships and

aircrafts now the inhabitants of the

country live in luxury in various cities

of the country where the matches of the

World Cup will be held there is a

construction boom there is all fellas do


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