MATERIALSDECODED
Silver · Country-wise

Silver by Country: A Genuinely Spread-Out Top Ten

Mexico leads silver mining at under a quarter of world output, and no fewer than fourteen countries each contribute meaningfully to global supply.

Simple World MapAuthor: Al MacDonald Editor: Fritz Lekschas License: CC BY-SA 3.0 ID: ISO 3166-1 or "_[a-zA-Z]" if an ISO code is not available
Lower shareHigher share
No country exceeds roughly a quarter of world output, the most evenly distributed map of any material in this series alongside gold's.
Mexico
5780 t
Peru
3510 t
China
3430 t
Bolivia
1490 t
Poland
1320 t
Russia
1280 t
Chile
1200 t
Australia
1050 t
United States
1050 t
Kazakhstan
850 t
Tonnes mined, 2024, top ten producers. The full list extends to at least fourteen countries with meaningful output.

Why the deficit is the real story, not the map

Despite this genuinely dispersed production base, covered quantitatively on this material’s economics page, the aggregate supply-demand deficit documented on the supply chain page means no individual producing country’s decision matters as much as the collective byproduct-supply inelasticity across all of them combined.

Sources: production figures reference this project’s own verified production data (Silver Institute, USGS Mineral Commodity Summaries 2025).