Peru ranks first among 12 available named-country values at 110,000 t. The ranking uses total source tonnes, not the per-capita value, and excludes the combined Other countries and World rows.
This ranking orders available country-level USGS estimates of economically recoverable underground silver by metric tonnes. Underground reserves are geological estimates, not above-ground silver or resident ownership. Countries whose source value is unavailable are not treated as zero or included in the ranking.
Peru (110,000 t), Russia (92,000 t), Australia (91,000 t). These shares describe the named values only and do not allocate the source's combined Other countries amount.
| Rank | Country | Metric tonnes | Share of named values | Troy oz per person | Status |
|---|---|---|---|---|---|
| 1 | PeruUSGS MCS 2026 Silver, page 2, Peru row | 110,000 t | 20% | 102.3 | USGS reserves estimate |
| 2 | RussiaUSGS MCS 2026 Silver, page 2, Russia row | 92,000 t | 17% | 20.5 | USGS reserves estimate |
| 3 | AustraliaUSGS MCS 2026 Silver, page 2, Australia row | 91,000 t | 16% | 108.5 | USGS reserves estimate |
| 4 | ChinaUSGS MCS 2026 Silver, page 2, China row | 67,000 t | 12% | 1.52 | USGS reserves estimate |
| 5 | PolandUSGS MCS 2026 Silver, page 2, Poland row | 59,000 t | 11% | 49.7 | USGS reserves estimate |
| 6 | MexicoUSGS MCS 2026 Silver, page 2, Mexico row | 37,000 t | 6.7% | 9.02 | USGS reserves estimate |
| 7 | ChileUSGS MCS 2026 Silver, page 2, Chile row | 33,000 t | 6% | 53.4 | USGS reserves estimate |
| 8 | United StatesUSGS MCS 2026 Silver, page 2, United States row | 23,000 t | 4.2% | 2.13 | USGS reserves estimate |
| 9 | BoliviaUSGS MCS 2026 Silver, page 2, Bolivia row | 22,000 t | 4% | 56.2 | USGS reserves estimate |
| 10 | IndiaUSGS MCS 2026 Silver, page 2, India row | 8,000 t | 1.4% | 0.176 | USGS reserves estimate |
| 11 | ArgentinaUSGS MCS 2026 Silver, page 2, Argentina row | 6,500 t | 1.2% | 4.56 | USGS reserves estimate |
| 12 | CanadaUSGS MCS 2026 Silver, page 2, Canada row | 4,900 t | 0.9% | 3.93 | USGS reserves estimate |
