8 Countries With Highest Gold Consumption By Year

This brief article will discuss the top 8 countries’ gold consumption by year. If you want more insights into the world’s gold demand and consumption, read 20 Countries With Highest Gold Consumption By Year.

8. Thailand 

Average Per Year Gold Consumption: 52 metric tons

Gold Consumption In 2022: 37.9 metric tons 

Gold Consumption in 2021: 36.7 metric tons

Gold Consumption in 2020: 81.5 metric tons 

Thailand’s average annual consumption is 52 metric tons and correlates to a per capita gold consumption of 0.54 grams. The country’s per capita consumption signals a healthy appetite for gold in comparison to other countries. Factors influencing this consumption rate include gold’s role in Thai traditions, its status as a symbol of wealth and as an investment vehicle.