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The top 15 countries accounted for 68.8% of global gold production in 2023, with four African nations among the leaders

Key takeaways:

China led global gold production with 378.16 tonnes, representing approximately 10.4% of global output.
The top five producers (China, Russia, Australia, Canada, and the United States) collectively produced 37% of the world’s gold.
African nations showed remarkable strength, with four countries in the top 15 (Ghana, Mali, South Africa, and Burkina Faso).
Ghana led Africa in gold production and ranked 6th globally, producing 135.11 tonnes in 2023.
China, Australia, and Russia together produced nearly 1,000 tonnes of gold, accounting for 27.3% of total world production.

The US gold reserve of over 8,000 tonnes is higher than Germany's and Italy's gold reserves combined

Key takeaways:

The United States holds the largest national gold reserves in 2024, totalling 8,133.46 tonnes.
Western European countries in the top ten list collectively hold 9,892.76 tonnes of gold reserves.
China, India, and Japan are the only Asian countries in the top 10, together holding 4,001.71 tonnes.
The Russian Federation is the leading gold reserve holder in Central and Eastern Europe, with 2,332.74 tonnes.
All countries in the top ten list maintain at least 600 tonnes of gold reserves.
The total gold reserve held by the top ten countries amounted to 24,360.67 tonnes.

China tops the global reserves chart in 2024, holding nearly three times Japan’s reserves and having 5.53% of its total reserves as gold reserves

Key takeaways:

China leads all nations with total reserves of $3.46 trillion while holding 5.53% of its share in gold reserves.
The top 15 countries collectively hold a total reserve of $10.78 trillion.
Despite being the global leader in gold reserves, the United States ranks third in total reserves.
The largest share of the United States' total reserves is from its gold reserve holdings of 74.97%.
Countries in the top fifteen list hold at least $236.9 billion each in total reserves.
The United States, France, and Italy have more than 70% of their total reserve holdings in gold.

Nigeria accounted for 2% of the global labour force

As of 2023, the global labour force has expanded to an estimated 3.63 billion, driven by population booms in key regions. China and India lead with a combined 1.37 billion people 15+ active in the workforce. Nigeria ranks 7th with 76 million, following the US, Indonesia, Brazil, and Pakistan.

The UK has approved 6.4 million study visas to foreign nationals between 2005 and 2023

Since 2005, nationals from China, India, Saudi Arabia, Russia, Pakistan, and Nigeria have ranked among the top three recipients of UK study visas. China led the list from 2010 to 2020. In 19 years, over 1.46 million Chinese nationals (22.9% of the total) received study visas. India followed with 926.9k and Nigeria — which first entered the top three in 2020 — with 436.9k.

Academic IELTS-performing countries: Nigeria ranked joint fifth among the top countries in 2022

Nigerian academic IELTS test takers scored an average of 6.7 out of 9 in 2022, placing the country joint 5th globally with Ghana, Hong Kong, and Indonesia. Spanish academic IELTS test takers topped the list with an overall score of 7.1.

Nigeria will be the third most populous country in the world by 2050

Nigeria was the seventh most populous nation in the world in 2020, with 206.1 million people. Projected to reach a population of 401.3 million by 2050, Nigeria will rank third after India (1st) and China (2nd). According to Institut national d'études démographiques' projections, Nigeria, Ethiopia, DR Congo, Egypt, Tanzania, and Kenya will be among the world’s top 20 most populous countries by 2050.

4 African countries were among the world’s top 20 most populous countries in 2020

Nigeria was the seventh most populous nation in the world in 2020, with 206.1 million people. Projected to reach a population of 401.3 million by 2050, Nigeria will rank third after India (1st) and China (2nd). According to Institut national d'études démographiques' projections, Nigeria, Ethiopia, DR Congo, Egypt, Tanzania, and Kenya will be among the world’s top 20 most populous countries by 2050.

Nigeria and Egypt are the only African countries projected to be in the top 15 economies by the year 2075

Per projections made by Goldman Sachs, China should lead the global economy in terms of GDP by the year 2075, closely followed by India and the US. Nigeria and Egypt are the only African countries expected to be in the top 15 by that time.

Eleven of the top fourteen diamond-producing countries in 2022 are Africa

African countries dominated the list of top diamond producers, with 11 of them among the top 14 in 2022. Russia tops the list with a production of 41.9 million carats, followed by Botswana, which produced 24.5 million carats. Here are the top diamond-producing countries in 2022.