Ghana has been ranked the 6th country in the world with the largest gold deposits, according to the World Gold Council’s 2025 Gold Demand Trends report. The West African nation also takes the top spot in Africa, boasting gold reserves of 140.6 tonnes.
The report highlights Ghana’s continued dominance as Africa’s leading gold producer, attributing this success to improved investment in the mining sector and stronger regulation of artisanal and small-scale mining. These measures have enhanced production efficiency and sustainability within the industry.
According to data from the Ghana Chamber of Mines, gold contributes roughly 40% of Ghana’s total export earnings, making it a crucial pillar of the nation’s economy. The sector plays a vital role in supporting foreign exchange stability, employment, and infrastructure development.
Globally, China remains the largest gold-producing nation, with 380.2 tonnes, accounting for about 10% of total global output. The Chinese mining industry is led by major state-owned firms such as China National Gold Group and Shandong Gold.
Russia ranks second, producing around 330 tonnes of gold, primarily sourced from Siberia and the Far East regions. Australia, Canada, and the United States follow in 3rd, 4th, and 5th positions, producing 284 tonnes, 202.1 tonnes, and 158.0 tonnes, respectively.
Ghana’s performance underscores its continued importance in the global mining landscape and reflects the government’s commitment to modernizing the industry through policy reforms, sustainable mining initiatives, and increased investor confidence.
As gold prices remain strong globally, analysts predict that Ghana’s production levels could rise further in the coming years, solidifying its position as a global gold powerhouse.
