In its first century, Potosi produced nearly half the world's silver

Potosi produced more silver, according to official tax records, than all Mexico combined before 1650. In its first century, Potosi produced nearly half the world's silver. In the longer term, the amount of silver taxed between 1545 and 1810 ... constituted nearly 20 percent of all the known silver produced in the world across 265 years.

K. Lane, Potosi (2019), 8