According to GlobalData, the Philippines is the world’s twenty-fourth-largest producer of gold, with output of 690koz in 2022, up by 2% on 2021. Over the five years to 2021, production from the Philippines decreased by a CAGR of 1.5% and is expected to drop by a CAGR of 3.92% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its report. Buy the report here.
The Philippines accounts for 0.58% of global production, with the other largest producers being China (11%), Australia (10%), Russia (8%) and Canada (7%).
B2Gold is one of the leading producers of gold in the Philippines. B2Gold's output was 146.57koz in 2021, up by 4% on 2020.
For more detailed analysis of gold in the Philippines, buy the report here.