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The average gold production in Africa between 2010 and 2023 was 840.59 tonnes, reaching a record high of over 1,000 tonnes in 2023
Key Takeaways:
  • Africa's gold production grew steadily from 621.78 tonnes in 2010 to 1,003.98 tonnes in 2023.
  • The continent experienced an overall increase of 61.5% in gold output over the 14 years.
  • The continent saw consistent year-on-year growth, with only minor declines in 2020 and 2022.
  • 2023 marked the highest production level in more than a decade.
  • The average annual growth rate in gold mine production over the period was approximately 4%.

Global gold mine production increased steadily from 2010 to 2023, marking a 29% overall rise despite temporary setbacks in 2019 and 2020
Key Takeaways:
  • Global gold production rose from 2,830.80 tonnes in 2010 to 3,646.07 tonnes in 2023.
  • The most significant year-over-year growth occurred between 2012 and 2013, with an increase of over 178 tonnes.
  • A temporary decline in production was recorded in 2019 and 2020, reflecting pandemic-related disruptions.
  • Production recovered quickly post-pandemic, reaching a record 3,646.07 tonnes by 2023.
  • Over the last fourteen years, gold mine output grew at an average annual rate of approximately 2%.
  • Growth from 2021 to 2023 was more moderate compared to earlier years.

ECOWAS countries (525.55 tonnes) led Africa’s gold production in 2023, with more than half of the continent’s production
Key Takeaways:
  • Ghana led the continent in gold production in 2023, producing 135.11 tonnes, 13.5% of Africa’s total.
  • Four countries (Ghana, Mali, South Africa, and Burkina Faso) each produced over 95 tonnes, together accounting for 443 tonnes or 44.1% of the continent’s output.
  • West African countries dominated the rankings, with eight nations from the region among the top 15 producers.
  • The West African countries in the top 15 combined contributed 525.55 tonnes, more than half (52.3%) of Africa's total gold production.
  • South Africa ranked third in Africa with 104.29 tonnes.
  • Burkina Faso ranked fourth while contributing almost 10% of Africa’s gold production.

Africa led global gold production in 2023 with over 1,000 tonnes, contributing more than 27% of global output
Key Takeaways:
  • In 2023, Africa was the world’s leading gold-producing region, with a total output of 1,003.98 tonnes.
  • Asia followed with 661.30 tonnes, representing 18.1% of the world’s gold output.
  • The Commonwealth of Independent States (CIS) produced 570.90 tonnes, making up 15.7% of the global total.
  • North America and Central & South America contributed 485.17 tonnes and 542.13 tonnes, respectively.
  • Oceania was a key producer with 343.29 tonnes, or 9.4% of global output.
  • Europe contributed the least, producing only 39.30 tonnes, which is about 1.1% of the total.
  • Altogether, global gold production reached 3,646.07 tonnes in 2023.


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