Silver
Which countries have silver reserves? 29 countries in the Magna Factbook list silver among their natural resources, ranked and linked.
Last updated: October 2026
29 countries list silver among their natural resources. United States — scored 90.0/100 by the Bureau — is the highest-ranked holder, ahead of Indonesia, Australia. Control of silver is geopolitical leverage: whoever holds the resource weighs on supply chains.
| # | Country | Power |
|---|---|---|
| 1 | United States | 90.0/100 |
| 2 | Indonesia | 73.44/100 |
| 3 | Australia | 72.51/100 |
| 4 | Canada | 67.8/100 |
| 5 | Mexico | 67.02/100 |
| 6 | Sweden | 63.9/100 |
| 7 | Peru | 59.43/100 |
| 8 | Philippines | 59.17/100 |
| 9 | Finland | 58.96/100 |
| 10 | Poland | 58.78/100 |
| 11 | Portugal | 56.21/100 |
| 12 | Honduras | 55.64/100 |
All 29 holders17 more
| # | Country | Power |
|---|---|---|
| 13 | Uzbekistan | 55.42/100 |
| 14 | The Dominican | 55.4/100 |
| 15 | Nicaragua | 54.56/100 |
| 16 | Ireland | 53.39/100 |
| 17 | Mongolia | 51.22/100 |
| 18 | Bolivia | 50.91/100 |
| 19 | Ghana | 50.75/100 |
| 20 | Serbia | 49.36/100 |
| 21 | Namibia | 49.11/100 |
| 22 | Tajikistan | 49.01/100 |
| 23 | DRC | 41.48/100 |
| 24 | Sudan | 38.64/100 |
| 25 | Papua New Guinea | 38.41/100 |
| 26 | Botswana | 34.42/100 |
| 27 | Zambia | 30.26/100 |
| 28 | North Macedonia | 29.53/100 |
| 29 | South Sudan | 10.23/100 |
Silver is used for jewelry, electronics, solar panels, photography, and coins.
Among countries tracked by the Bureau, United States is the highest-ranked holder of silver, with a power score of 90.0/100. The ranking reflects national power, not just production volume — it shows who has leverage, not just who has deposits.
The Bureau does not publish a specific percentage for China's control of silver. China does not appear on the Bureau's list of countries that list silver among their natural resources.
Silver is a natural resource tracked by the Bureau. 29 countries list silver among their natural resources. United States — scored 90.0/100 by the Bureau — is the highest-ranked holder. Control of silver is geopolitical leverage: whoever holds the resource weighs on the supply chains that depend on it.
Which countries hold silver?
29 countries list silver among their natural resources. The page ranks each by its national power score, with a link to its full country profile.
Which country holds the most silver?
United States is the highest-ranked holder, with a power score of 90.0/100. The ranking reflects national power, not just reserves — it shows who has leverage, not just who has deposits.
Why is silver geopolitically important?
Control of silver is geopolitical leverage: whoever holds the resource weighs on the supply chains that depend on it. The Bureau's mineral pages show who holds what, ranked by national power.