According to GlobalData, Indonesia is the world’s seventh-largest producer of gold in 2023, with output up by 1% on 2022. Over the five years to 2022, production from Indonesia decreased by a CAGR of 1.63% and is expected to rise by a CAGR of 0.05% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Gold Mining to 2030 report. Buy the report here.
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Indonesia accounts for 4% of global production, with the largest producers being China, Russia, Australia and Canada.
Leading producers of gold in Indonesia are Freeport-McMoRan, Newcrest Mining and PT ANTAM (Persero). During 2020-2021, Freeport-McMoRan's output was up by 31%, Newcrest Mining's output increased by 14%, while output from PT ANTAM (Persero) decreased by 25%.
For more detailed analysis of global gold mining, buy the report here.
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