The World Gold Council’s 2025 Gold Demand Trends report has ranked Ghana sixth globally in terms of the largest gold production.
Ghana secured the top spot in Africa, boasting gold production of 140.6 tonnes.
The Gold Demand Trends report attributes Ghana’s ranking to investment and improved artisanal mining regulation.
China emerged as the world’s largest producer of gold, with 380.2 tonnes.
According to the report, China produces approximately 10% of the global gold.
The mining sector is dominated by state-owned giants, including China National Gold Group and Shandong Gold. Russia ranked second, with total gold deposits of 330 tonnes.
The report notes that Russia’s vast gold reserves are concentrated in Siberia and the Far East.
Australia, Canada, and the United States of America secured the third, fourth, and fifth positions, respectively, with gold deposits of 284 tonnes, 202.1 tonnes, and 158.0 tonnes.
Ghana’s gold export receipts also surged to record levels in 2025, with total earnings for the first half of the year reaching $8.3 billion and an estimated $11.2 billion by late 2025.
In the first half of 2025, Ghana’s gold exports, including both large-scale and small-scale mining, reached approximately $8.3 billion, nearly double the figure from the same period in 2024.
