Mexico – 6,280 metric tons

Mexico continues to hold the top spot, contributing roughly a quarter of global output. According to the Silver Institute, mines such as Fresnillo, Peñasquito, and San Julián drive its dominance. Mining Data Online highlights that Mexico’s strong infrastructure and consistent investment keep it far ahead of other producers.

China – 3,390 metric tons

China ranks second, producing about 13% of the world’s silver. Much of its silver output comes as a byproduct of lead, zinc, and copper mining, making it a stable contributor despite fluctuations in precious metal markets.

Peru – 3,330 metric tons

Peru remains a powerhouse, nearly tied with China. Silver Institute reports that Peru’s silver mines also yield significant gold, copper, and zinc, reinforcing its importance in both base and precious metal markets.

Chile – 1,610 metric tons

Known for its copper dominance, Chile is also rising in silver output. Mining Data Online notes that copper-silver byproduct mining has increased the country’s silver profile, contributing around 5% of global production.

Bolivia – 1,320 metric tons

Bolivia rounds out the top five, with a long history in silver mining dating back to the Potosí era. Despite being smaller in scale today, its consistent output strengthens South America’s position in the global silver supply chain.

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Top silver-producing countries in 2025: Mexico leads the global market