This graphic shows global silver production in 2023, broken down by nation. Key takeaways 831 million ounces of silver were mined globally in 2023. Mexico was the world's top producer of silver at 24%. The data for this visualization was sourced from the World Silver Survey 2024, a publication by one of our data partners, The Silver Institute. Our data partnerships are commercial agreements that may or may not include compensation, and partners are not involved with our editorial or graphical processes in any capacity. Dataset Top Silver Producing Nations 2023 (million ounces) Rank Nation Region 2023 YoY % Change 1 Mexico N. America 202 -5% 2 China Asia 109 -2% 3 Peru S. America 107 0% 4 Chile S. America 52 24% 5 Bolivia S. America 43 10% 6 Poland Europe 43 0% 7 Russia Europe 40 -3% 8 Australia Oceania 34 -8% 9 United States N. America 32 -3% 10 Argentina S. America 26 -16% 11 India Asia 24 6% 12 Kazakhstan Asia 17 8% 13 Sweden Europe 13 -14% 14 Indonesia Asia 10 -1% 15 Morocco Africa 9 1% 16 Rest of World 71 Data sources Figures rounded to the nearest whole number. CIS = Commonwealth of Independent States https://www.silverinstitute.org/world-silver-survey-2024/