In 2022, countries classified as politically unstable accounted for the largest share of global iron production. That year, over million metric tons of iron was produced in politically unstable countries. In comparison, just 2.3 million metric tons of iron was produced in politically stable countries.
Production volume of iron worldwide in 2022, by political stability of producer countries
(in million metric tons)
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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BMLRT (Österreich). (May 27, 2024). Production volume of iron worldwide in 2022, by political stability of producer countries (in million metric tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1313259/worldwide-iron-production-volume-by-political-stability/
BMLRT (Österreich). "Production volume of iron worldwide in 2022, by political stability of producer countries (in million metric tons)." Chart. May 27, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1313259/worldwide-iron-production-volume-by-political-stability/
BMLRT (Österreich). (2024). Production volume of iron worldwide in 2022, by political stability of producer countries (in million metric tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1313259/worldwide-iron-production-volume-by-political-stability/
BMLRT (Österreich). "Production Volume of Iron Worldwide in 2022, by Political Stability of Producer Countries (in Million Metric Tons)." Statista, Statista Inc., 27 May 2024, https://www.statista.com/statistics/1313259/worldwide-iron-production-volume-by-political-stability/
BMLRT (Österreich), Production volume of iron worldwide in 2022, by political stability of producer countries (in million metric tons) Statista, https://www.statista.com/statistics/1313259/worldwide-iron-production-volume-by-political-stability/ (last visited November 22, 2024)
Production volume of iron worldwide in 2022, by political stability of producer countries (in million metric tons) [Graph], BMLRT (Österreich), May 27, 2024. [Online]. Available: https://www.statista.com/statistics/1313259/worldwide-iron-production-volume-by-political-stability/
