Silver Production by Country 2022

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Silver is a chemical element with the symbol Ag and atomic number 47. It has the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. Silver is a relatively soft, white, shiny metal that can be found in Earth’s crust in its pure elemental form, as an alloy with gold and other metals, and in minerals like argentite. It is mostly extracted from lead-zinc, copper, gold, and copper-nickel ores and a by-product of mining for these metals.

Silver is a precious metal and has several uses. Sterling silver, which is 92.5% silver, is used for jewelry and silver tableware. Thanks to its reflectivity, silver is also used to make mirrors. The metal also has uses in photography and x-ray films, as silver bromide and iodide have a high sensitivity to light. Silver salts are still used in digital photography to produce high-quality images. Other uses include solar panels, water filtration, ornaments, electrical contacts and conductors, and as a colorant in stained glass.

Silver is also used in currency many bullion coins, sometimes with gold. It has also been regarded as a store of value for more than 4,000 years. The silver standard is a monetary system in which the national currency is backed by physical silver. The silver standard allows units of the national currency to be converted into units of silver at a fixed exchange rate. The purpose of the silver standard is to ensure a national currency’s purchasing power is maintained. The silver standard has been abandoned by all countries that used it, ending with China and Hong Kong who rid of the system in 1935. All countries switched to the gold standard, which was later abandoned by most countries later in the 20th century.

The Silver Institute contributes to the United Nations’ Sustainable Development Goals by responsibly producing silver, which can be used in renewable energy and electric vehicles. The metal also has anti-bacterial properties that can be used in water treatment, medical applications, and textiles.

Worldwide Silver Production

The estimated global silver production in 2019 was about 27,000 metric tons. According to the Silver Institute, the global mine production fell for the fourth year in a row in 2019 by 1.3% and primary silver production declined by 3.8%. The largest declines were in Peru, followed by Mexico and Indonesia. Some countries, however, saw increases in production, such as Argentina, Australia, and the United States. The top ten silver-producing countries in the world are:

  1. Mexico - 6,120 tons
  2. Peru - 4,160 tons
  3. China - 3,570 tons
  4. Russia - 2,100 tons
  5. Poland - 1,470 tons
  6. Chile - 1,370 tons
  7. Bolivia - 1,190 tons
  8. Australia - 1,220 tons
  9. Argentina - 1,020 tons
  10. United States - 930 tons

Silver Production by Country 2022

Country 2022 Population
China1,425,887,337
India1,417,173,173
United States338,289,857
Indonesia275,501,339
Pakistan235,824,862
Nigeria218,541,212
Brazil215,313,498
Bangladesh171,186,372
Russia144,713,314
Mexico127,504,125
Japan123,951,692
Ethiopia123,379,924
Philippines115,559,009
Egypt110,990,103
DR Congo99,010,212
Vietnam98,186,856
Iran88,550,570
Turkey85,341,241
Germany83,369,843
Thailand71,697,030
United Kingdom67,508,936
Tanzania65,497,748
France64,626,628
South Africa59,893,885
Italy59,037,474
Myanmar54,179,306
Kenya54,027,487
Colombia51,874,024
South Korea51,815,810
Spain47,558,630
Uganda47,249,585
Sudan46,874,204
Argentina45,510,318
Algeria44,903,225
Iraq44,496,122
Afghanistan41,128,771
Poland39,857,145
Ukraine39,701,739
Canada38,454,327
Morocco37,457,971
Saudi Arabia36,408,820
Angola35,588,987
Uzbekistan34,627,652
Peru34,049,588
Malaysia33,938,221
Yemen33,696,614
Ghana33,475,870
Mozambique32,969,518
Nepal30,547,580
Madagascar29,611,714
Venezuela28,301,696
Ivory Coast28,160,542
Cameroon27,914,536
Niger26,207,977
Australia26,177,413
North Korea26,069,416
Taiwan23,893,394
Burkina Faso22,673,762
Mali22,593,590
Syria22,125,249
Sri Lanka21,832,143
Malawi20,405,317
Zambia20,017,675
Romania19,659,267
Chile19,603,733
Kazakhstan19,397,998
Ecuador18,001,000
Guatemala17,843,908
Chad17,723,315
Somalia17,597,511
Netherlands17,564,014
Senegal17,316,449
Cambodia16,767,842
Zimbabwe16,320,537
Guinea13,859,341
Rwanda13,776,698
Benin13,352,864
Burundi12,889,576
Tunisia12,356,117
Bolivia12,224,110
Belgium11,655,930
Haiti11,584,996
Jordan11,285,869
Dominican Republic11,228,821
Cuba11,212,191
South Sudan10,913,164
Sweden10,549,347
Czech Republic10,493,986
Honduras10,432,860
Greece10,384,971
Azerbaijan10,358,074
Portugal10,270,865
Papua New Guinea10,142,619
Hungary9,967,308
Tajikistan9,952,787
Belarus9,534,954
United Arab Emirates9,441,129
Israel9,038,309
Austria8,939,617
Togo8,848,699
Switzerland8,740,472
Sierra Leone8,605,718
Laos7,529,475
Hong Kong7,488,865
Serbia7,221,365
Nicaragua6,948,392
Libya6,812,341
Bulgaria6,781,953
Paraguay6,780,744
Kyrgyzstan6,630,623
Turkmenistan6,430,770
El Salvador6,336,392
Singapore5,975,689
Republic of the Congo5,970,424
Denmark5,882,261
Slovakia5,643,453
Central African Republic5,579,144
Finland5,540,745
Lebanon5,489,739
Norway5,434,319
Liberia5,302,681
Palestine5,250,072
New Zealand5,185,288
Costa Rica5,180,829
Ireland5,023,109
Mauritania4,736,139
Oman4,576,298
Panama4,408,581
Kuwait4,268,873
Croatia4,030,358
Georgia3,744,385
Eritrea3,684,032
Uruguay3,422,794
Mongolia3,398,366
Moldova3,272,996
Puerto Rico3,252,407
Bosnia And Herzegovina3,233,526
Albania2,842,321
Jamaica2,827,377
Armenia2,780,469
Lithuania2,750,055
Gambia2,705,992
Qatar2,695,122
Botswana2,630,296
Namibia2,567,012
Gabon2,388,992
Lesotho2,305,825
Slovenia2,119,844
Guinea Bissau2,105,566
North Macedonia2,093,599
Latvia1,850,651
Equatorial Guinea1,674,908
Trinidad And Tobago1,531,044
Bahrain1,472,233
Timor Leste1,341,296
Estonia1,326,062
Mauritius1,299,469
Cyprus1,251,488
Eswatini1,201,670
Djibouti1,120,849
Reunion974,052
Fiji929,766
Comoros836,774
Guyana808,726
Bhutan782,455
Solomon Islands724,273
Macau695,168
Luxembourg647,599
Montenegro627,082
Suriname618,040
Cape Verde593,149
Western Sahara575,986
Malta533,286
Maldives523,787
Brunei449,002
Bahamas409,984
Belize405,272
Guadeloupe395,752
Iceland372,899
Martinique367,507
Vanuatu326,740
Mayotte326,101
French Polynesia306,279
French Guiana304,557
New Caledonia289,950
Barbados281,635
Sao Tome And Principe227,380
Samoa222,382
Curacao191,163
Saint Lucia179,857
Guam171,774
Kiribati131,232
Grenada125,438
Micronesia114,164
Jersey110,778
Seychelles107,118
Tonga106,858
Aruba106,445
Saint Vincent And the Grenadines103,948
United States Virgin Islands99,465
Antigua And Barbuda93,763
Isle of Man84,519
Andorra79,824
Dominica72,737
Cayman Islands68,706
Bermuda64,184
Guernsey63,301
Greenland56,466
Faroe Islands53,090
Northern Mariana Islands49,551
Saint Kitts And Nevis47,657
Turks And Caicos Islands45,703
American Samoa44,273
Sint Maarten44,175
Marshall Islands41,569
Liechtenstein39,327
Monaco36,469
San Marino33,660
Gibraltar32,649
Saint Martin31,791
British Virgin Islands31,305
Palau18,055
Cook Islands17,011
Anguilla15,857
Nauru12,668
Wallis And Futuna11,572
Tuvalu11,312
Saint Barthelemy10,967
Saint Pierre And Miquelon5,862
Montserrat4,390
Falkland Islands3,780
Niue1,934
Tokelau1,871
Vatican City510

Silver Production by Country 2022

Sources