In 2023, 113.8 million ounces of the global silver produced was a by-product of gold mine production, accounting for around 13.7 percent of total world silver production. However, the main primary source of global silver production in that year was lead and zinc.
Production of silver worldwide from 2018 to 2023, by primary source metal
(in million ounces)
Characteristic
2018
2020
2022
2023
Lead/zinc
268
240.2
253.3
255.8
Primary silver
247
207.8
236.5
235.2
Copper
197.3
207.6
213.1
221.4
Gold
131.2
123
129.6
113.8
Other
7
4.8
4.2
4.3
020406080100120140160180200220240260280300
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The Silver Institute. (April 9, 2024). Production of silver worldwide from 2018 to 2023, by primary source metal (in million ounces) [Graph]. In Statista. Retrieved April 15, 2025, from https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
The Silver Institute. "Production of silver worldwide from 2018 to 2023, by primary source metal (in million ounces)." Chart. April 9, 2024. Statista. Accessed April 15, 2025. https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
The Silver Institute. (2024). Production of silver worldwide from 2018 to 2023, by primary source metal (in million ounces). Statista. Statista Inc.. Accessed: April 15, 2025. https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
The Silver Institute. "Production of Silver Worldwide from 2018 to 2023, by Primary Source Metal (in Million Ounces)." Statista, Statista Inc., 9 Apr 2024, https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
The Silver Institute, Production of silver worldwide from 2018 to 2023, by primary source metal (in million ounces) Statista, https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/ (last visited April 15, 2025)
Production of silver worldwide from 2018 to 2023, by primary source metal (in million ounces) [Graph], The Silver Institute, April 9, 2024. [Online]. Available: https://www.statista.com/statistics/253626/global-silver-production-by-primary-source/
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