Top silver-producing countries in 2025: Mexico leads the global market
Silver remains one of the world’s most in-demand precious metals, utilised in various applications, including jewellery, electronics, solar panels, and investment markets.
According to the latest figures from World Visualised, combined with data from the Silver Institute and Mining Data Online, five countries dominate global silver production: Mexico, China, Peru, Chile, and Bolivia.
Based on the latest estimates, the leading silver-producing countries are:
- Mexico – 6,280 metric tons
- China – 3,390 metric tons
- Peru – 3,330 metric tons
- Chile – 1,610 metric tons
- Bolivia – 1,320 metric tons
The Silver Institute’s 2024 report notes that global mine production slightly contracted in recent years but is stabilising. Increases from Chile and Bolivia offset declines in other regions, while Mexico remains the bedrock of supply. Importantly, about 70–80% of silver is produced as a byproduct of mining other metals, linking its output to broader industrial demand.
This story is written and edited by the Global South World team, you can contact us here.
