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The industry accounted for 19% ($97 billion) of the value of Canadian goods exports in 2017. According to Trade Economics, "Mining production in Canada averaged 1.92 percent from 1998 until 2019, reaching an all-time high of 23.15 percentage in May of 2017 and a record low of -16.41 percent in August of 2009.".

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We neither include gold in technological applications. Therefore, after these corrections, we can say that the gold market capitalization is about $2.5-3.0 trillion. It's an enormous number, which surpasses the size of all European sovereign debt markets. But we can also interpret and measure the size of the gold market in terms of its liquidity.

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