5 Countries That Produce the Most Gold in the World

4. Canada

Gold Mining Production Volume: 194.5 Tons

Canada stands as the fourth largest producer of gold with a production of 194.5 tons of gold in 2022. 72% of this total gold production came from Ontario and Quebec whereas the remaining gold was mined in the other eight Canadian provinces and territories. Gold mining industry serves as the backbone of the Canadian economy, providing jobs, economic development and revenues from exports.