Ghana widened its lead as Africa’s largest gold producer in 2025, with record output of six million ounces lifting export earnings to about $20.2 billion and gold’s share of merchandise exports to 63.1%, amid stronger small-scale production and elevated global prices.

According to the Ghana Statistical Service, gold accounted for 63.1% of Ghana’s merchandise exports in 2025, up from 39% in 2004, cementing its position as the country’s dominant export earner.

The GSS report, released on August 11, 2026, shows that gold generated about $20.2 billion in export earnings, more than double the combined $7.9 billion from cocoa and crude oil.

The surge also strengthened Ghana’s position as Africa’s largest gold producer, with output reaching a record six million ounces, or about 187 tonnes, in 2025.

By comparison, Burkina Faso produced about 94 tonnes, Sudan around 70 tonnes, while Mali recorded 48.2 tonnes.