Around 31% of the world's gold production in 2022 came from three countries—China, Russia, and Australia, with each producing over 300 tonnes of the precious metal.
China, Australia, Russia, and Canada were respectively the largest producers of gold in the world as of 2023. Global production of gold reached approximately 3,000 metric tons that year.
Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scale. At a country level, China was the largest producer in the world in 2023 and accounted for around 10 per cent of total global production.
Gold production increased an estimated 7t y/y in the Asia region and by 4t in Oceania due to higher production from China, Australia and Papua New Guinea. Despite higher production, mining costs have increased in 2023.
The best estimates currently available suggest that around 212,582 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950. And since gold is virtually indestructible, this means that almost all of this metal is still around in one form or another.
Trends in five of the top seven gold-producing countries. This is a list of countries by gold production in 2022. [1] Until 2006, South Africa was the world's largest gold producer.
China, Australia and Russia are the largest producers of gold in the world. Learn about them and the other top gold mining countries here.
At a country level, China was the largest producer in the world in 2022 and accounted for around 10 per cent of total global production. Our interactive gold mining map provides a breakdown of the top gold producing countries in the world, which demonstrates the geographical dispersion of gold mining operations and the gold supply.
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Global gold production has grown exponentially since the 1800s, with 86% of all above-ground gold mined in the last 200 years. This infographic shows the growth of global gold production over 200 years, by country.