According to GlobalData, Saudi Arabia is the world’s twenty-sixth-largest producer of gold in 2022, with output up by 11% on 2021. Over the five years to 2021, production from Saudi Arabia increased by a CAGR of 7% and is expected to rise by a CAGR of 12% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Gold Mining to 2026 report. Buy the report here.
Saudi Arabia accounts for 0.46% of global production, with the largest producers being China, Australia, Russia and Canada.
Leading producers of gold in Saudi Arabia are Saudi Arabian Mining and Barrick Gold. During 2020-2021, Saudi Arabian Mining's output was down by 9%, Barrick Gold's output decreased by 7%.
For more detailed analysis of global gold mining, buy the report here.
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