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.

China ranked as the world’s leading gold producer, delivering 378.16 tonnes in 2023. China formed a dominant trio with Russia and Australia that accounted for over a quarter of global production. North America remained a key contributor, with Canada and the United States rounding out the top five.

Africa’s prominence in the global gold landscape is on the rise. Ghana led the continent, ranking sixth worldwide, while Mali, South Africa, and Burkina Faso also secured positions in the top 15.

Source:

Metals Focus; World Gold Council

Period:

2023
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