According to GlobalData, Bolivia is the world’s sixth-largest producer of silver in 2023, with output up by 5% on 2022. Over the five years to 2022, production from Bolivia increased by a CAGR of 0.23% and is expected to rise by a CAGR of 0.36% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Silver Mining to 2030 report. Buy the report here.
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Bolivia accounts for 5% of global production, with the largest producers being Mexico, China, Peru and Chile.
Leading producers of silver in Bolivia are Pan American Silver and Glencore. During 2020-2021, Pan American Silver's output was down by 4%, Glencore's output decreased by 25%.
For more detailed analysis of global silver mining, buy the report here.
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