5 Countries That Produce the Most Gold

3. Commonwealth of Australia

Tons of Gold Produced in 2021: 315

The Commonwealth of Australia, or simply Australia, is the world’s sixth largest country in terms of land mass. It is also home to one of the oldest civilizations in the world, with the Australian Aboriginals arriving in the country during the ice age more than 60,000 years ago. The Australian economy was worth $1.6 trillion this year, and it had a GDP per capita of $66,408. Mining continues to be a strong part of the economy, with Australia leading the world in the production of crucial minerals such as uranium, iron, lithium, copper, and coal. As is evident through its inclusion in our list, Australia is also one of the largest gold producers in the world, having churned out a massive 315 tons last year.