Global production volume of iron by political stability of producer countries 2021

Production volume of iron worldwide in 2021, by political stability of producer countries

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Source

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Release date

March 2023

Region

Worldwide

Survey time period

2021

Supplementary notes

According to the source, political stability is defined as being a measure of the perception of the likelihood that the government of a country will be destabilized or overthrown by unconstitutional or violent means, including through terrorism and political violence. Data from various dimensions of governance were analyzed to come up with a political stability score for each country. The scores fell between -2.5 and +2.5, with higher scores corresponding to higher levels of stability.

The source uses the following classes of political stability in their estimates: Less than -1.25: extremely unstable; -1.25 to 0: unstable; 0 to +1.25: fair; greater than +1.25: stable.

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