Does the "richness" of a country, in the sense of having many natural resources, affect its chance of being democratic?

@ninalanyon Why do you seem angry? I am asking so someone will make their point.

@BittersweetPotato I am not angry. I was just giving an example of small (in population) countries that are both resource rich and democratic.

@ninalanyon But then just for the records, I don't mean merely having natural resources. Just because a country has natural resources, doesn't automatically make it rich. What metric would you use to judge if they are rich or not, other than they have certain natural resources? I just looked up GDP per capita for example, and it is important to look at per capita and not just GDP in total because I was talking about size as well. These countries are not even in the top 10. They are doing well economically no one can deny that, but I don't think they fit the description of being small and rich, at least not my own vision of it.

@BittersweetPotato In Purchasing Power Parity (PPP) per capita terms Norway is number seven according to the IMF, number 12 according to the World Bank, number nine according to the CIA:
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita
I'll grant you that Finland and Sweden are about 10 steps further down.

Which countries did you have in mind?

@ninalanyon PPP is more of an inflation related metric, I really wouldn't think it measured the wealth (yet I am not an expert🤷‍♀️). This is the thing, i don't have specific countries in mind, I just wanted to bounce ideas. I am not even suggesting that such relationship between democracy and wealth exist.. it is just a question that came to my mind.. But now I am interested to research it further, and will come back here and post more if I find anything.

@BittersweetPotato It will be interesting to see the results and reasoning. Good luck.

@BittersweetPotato Not exactly, it measure what the inhabitants of the country can buy with their money in the country. You might also look at the Economist magazine's Bag Mac index.

@ninalanyon Well, what you can buy with your money, is highly linked to inflation. If you have high inflation, you won't be able to buy much! PPP looks at the strength of currencies and level of prices across countries, which is again highly linked to inflation.

@ninalanyon I will post back here if I find something worth posting.