In 2022, countries classified as politically unstable accounted for the vast majority of global vanadium production. That year, 115,271 metric tons of vanadium were produced by politically unstable countries. In comparison, no vanadium was produced by fairly stable countries.
Production volume of vanadium worldwide in 2022, by political stability of producer countries
(in metric tons)
According to the source, political stability is defined as a measure of the perception of the likelihood that the government will be destabilized or
overthrown by unconstitutional or violent means, including terrorism and political violence.
Data from various dimensions of governance were analyzed to come up with a political stability score for each country. 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). (March 27, 2024). Production volume of vanadium worldwide in 2022, by political stability of producer countries (in metric tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1313358/worldwide-vanadium-production-by-producers-political-stability/
BMLRT (Österreich). "Production volume of vanadium worldwide in 2022, by political stability of producer countries (in metric tons)." Chart. March 27, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1313358/worldwide-vanadium-production-by-producers-political-stability/
BMLRT (Österreich). (2024). Production volume of vanadium worldwide in 2022, by political stability of producer countries (in metric tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1313358/worldwide-vanadium-production-by-producers-political-stability/
BMLRT (Österreich). "Production Volume of Vanadium Worldwide in 2022, by Political Stability of Producer Countries (in Metric Tons)." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/1313358/worldwide-vanadium-production-by-producers-political-stability/
BMLRT (Österreich), Production volume of vanadium worldwide in 2022, by political stability of producer countries (in metric tons) Statista, https://www.statista.com/statistics/1313358/worldwide-vanadium-production-by-producers-political-stability/ (last visited November 22, 2024)
Production volume of vanadium worldwide in 2022, by political stability of producer countries (in metric tons) [Graph], BMLRT (Österreich), March 27, 2024. [Online]. Available: https://www.statista.com/statistics/1313358/worldwide-vanadium-production-by-producers-political-stability/
