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Ranked: The World’s Biggest Gold Producers
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Key Takeaways
- China remained the world’s largest gold producer in 2024, mining more than 380 tonnes.
- African countries collectively produced nearly one-quarter of global gold supply.
- Russia, Australia, Canada, and the U.S. ranked among the world’s top producers.
Gold production remains heavily concentrated among a small group of mining powers led by China, Russia, and Australia.
But one of the biggest stories in the global gold market is Africa’s growing role. Collectively, African countries now account for nearly one-quarter of the world’s mine production, with Ghana, Mali, and South Africa among the continent’s leading producers.
This visualization ranks the world’s largest gold-producing countries in 2024, based on estimated mine output from the World Gold Council.
China Maintains Its Lead
China led the world with 380.2 tonnes of gold production in 2024, accounting for more than 10% of the global total.
The country has held the top spot for well over a decade thanks to extensive domestic mining operations and strong government support for resource development.
| Rank | Country | 2024 Gold Production (tonnes) |
|---|---|---|
| 1 | China | 380.2 |
| 2 | Russia | 330.0 |
| 3 | Australia | 284.0 |
| 4 | Canada | 202.1 |
| 5 | United States | 158.0 |
| 6 | Ghana | 140.6 |
| 7 | Mexico | 140.3 |
| 8 | Indonesia | 140.1 |
| 9 | Peru | 136.9 |
| 10 | Uzbekistan | 129.1 |
| 11 | Mali | 100.0 |
| 12 | South Africa | 98.9 |
| 13 | Burkina Faso | 94.4 |
| 14 | Kazakhstan | 87.0 |
| 15 | Brazil | 83.7 |
| 16 | Sudan | 73.8 |
| 17 | Guinea | 68.0 |
| 18 | Colombia | 65.8 |
| 19 | Côte d'Ivoire | 58.0 |
| 20 | Tanzania | 51.8 |
| 21 | Zimbabwe | 50.9 |
| 22 | Papua New Guinea | 49.8 |
| 23 | DRC | 42.3 |
| 24 | Argentina | 39.7 |
| 25 | Philippines | 38.8 |
| 26 | Chile | 34.8 |
| 27 | Niger | 33.6 |
| 28 | Venezuela | 30.6 |
| 29 | Turkey | 30.6 |
| 30 | Suriname | 27.7 |
| 31 | Bolivia | 26.5 |
| 32 | Ecuador | 24.3 |
| 33 | Kyrgyz Republic | 23.6 |
| 34 | Mauritania | 21.9 |
| 35 | Liberia | 20.3 |
| 36 | Dominican Republic | 18.4 |
| 37 | Madagascar | 16.2 |
| 38 | Senegal | 15.3 |
| 39 | Guyana | 13.5 |
| 40 | Mongolia | 12.6 |
| 41 | Laos | 9.9 |
| 42 | Bulgaria | 8.6 |
| 43 | Finland | 8.5 |
| 44 | Sweden | 6.8 |
| -- | Other | 233.3 |
| -- | Total | 3,661.2 |
China is not only the world’s largest gold producer, but also one of its biggest consumers. That combination gives the country an outsized role in global gold markets, from mining and refining to jewelry demand and central bank reserves.
Meanwhile, Russia remained the second-largest producer despite ongoing sanctions and geopolitical tensions. Australia continued to benefit from its vast mineral reserves and mature mining sector.
Africa Emerges as a Global Gold Powerhouse
Africa has quietly become one of the world’s most important gold-producing regions, collectively accounting for nearly one-quarter of global mine supply in 2024. Ghana ranked as Africa’s top producer with 140.6 tonnes, followed by Mali and South Africa.
Several smaller African economies also rely heavily on gold exports to support government revenues and foreign exchange reserves.
Countries like Burkina Faso, Sudan, Tanzania, and Côte d’Ivoire have rapidly expanded gold production over the past decade as mining investment increased across the continent.
At the same time, political instability and security risks continue to challenge operations in several gold-producing regions. Despite these hurdles, Africa remains one of the most important growth markets for global mining companies.
The Americas Remain a Key Supplier
The Americas remain a critical pillar of global gold supply, anchored by Canada, the United States, Mexico, and several major South American producers. Canada produced just over 202 tonnes in 2024, making it the fourth-largest producer globally and the top producer in the Americas.
Latin American countries including Peru, Brazil, Colombia, and Argentina also contributed significantly to global output.
Mexico and the United States remained major contributors as well, producing roughly 140 tonnes and 158 tonnes respectively.
Learn More on the Voronoi App
If you enjoyed today’s post, check out Mapped: Which Countries Hold the Most Gold Reserves? on Voronoi, the app from Visual Capitalist.