The World’s Largest Gold-Producing Nations: Where Does Indonesia Rank?

UNGKIT.COM – Gold is a vital mineral commodity in the global economy. Beyond its use as a raw material for jewelry, gold also serves as an investment asset.

The Mineral Commodity Summaries 2026 report from the U.S. Geological Survey (USGS) estimates that global gold mine production will reach 3,300 tons in 2025. China holds the top position, followed by Russia and Australia, as the world’s largest gold producers.

According to the USGS table, China is projected to mine 380 tons of gold in 2025, surpassing Russia (310 tons) and Australia (280 tons). Together, these three nations account for approximately 29 percent of total global production.

The World Gold Council (WGC) also identifies China as the largest producer, contributing about 10 percent of global output.

This achievement is bolstered by a robust mining industry and extensive exploration activities. In addition to its high production levels, China holds estimated gold reserves of 3,200 tons.

Russia ranks second, with a gold mine production of approximately 310 tons. Gold mining in Russia is supported by the country’s vast territory and abundant mineral resources; it holds estimated gold reserves of 12,000 tons.

Australia ranks third among the world’s largest gold-producing nations, with an output of approximately 280 tons. It also possesses the largest gold reserves on the list, totaling 13,000 tons.

These substantial gold reserves are supported by a thriving mining sector, featuring several large-scale gold mines operating across various regions of Australia.

So, where does Indonesia stand? According to the Mineral Commodity Summaries report from the U.S. Geological Survey according to the United States Geological Survey (USGS), Indonesia's gold mine production for 2025 is projected to reach 90 tonnes, a decrease from the 94 tonnes recorded in 2024.

The USGS notes that Indonesia holds gold reserves of approximately 3,600 tonnes, making it one of the largest in the world (ranking 4th globally).

Below is the list of the 10 countries with the world's largest gold reserves:

1. Australia 13,000 tonnes

2. Russia 12,000 tonnes

3. South Africa 5,000 tonnes

4. Indonesia 3,600 tonnes

5. China 3,200 tonnes

6. Canada 3,200 tonnes

7. United States 3,000 tonnes

8. Kazakhstan 2,300 tonnes

9. Peru 2,200 tonnes

10. Uzbekistan 2,200 tonnes

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