In 2022, countries that were classified as politically unstable accounted for the largest global production share of both gemstone quality diamonds and industrial diamonds. Nearly 40.3 million carats of gemstone quality diamonds, and nearly 27.8 million carats of industrial diamonds, were produced in politically unstable countries that year.
Production volume of diamonds worldwide in 2022, by political stability of producer countries and type
(in million carats)
According to the source, political stability is defined as a measure of the perception of the likelihood that the government
could 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 diamonds worldwide in 2022, by political stability of producer countries and type (in million carats) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1313371/worldwide-diamond-production-by-producers-political-stability/
BMLRT (Österreich). "Production volume of diamonds worldwide in 2022, by political stability of producer countries and type (in million carats)." Chart. March 27, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1313371/worldwide-diamond-production-by-producers-political-stability/
BMLRT (Österreich). (2024). Production volume of diamonds worldwide in 2022, by political stability of producer countries and type (in million carats). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1313371/worldwide-diamond-production-by-producers-political-stability/
BMLRT (Österreich). "Production Volume of Diamonds Worldwide in 2022, by Political Stability of Producer Countries and Type (in Million Carats)." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/1313371/worldwide-diamond-production-by-producers-political-stability/
BMLRT (Österreich), Production volume of diamonds worldwide in 2022, by political stability of producer countries and type (in million carats) Statista, https://www.statista.com/statistics/1313371/worldwide-diamond-production-by-producers-political-stability/ (last visited November 17, 2024)
Production volume of diamonds worldwide in 2022, by political stability of producer countries and type (in million carats) [Graph], BMLRT (Österreich), March 27, 2024. [Online]. Available: https://www.statista.com/statistics/1313371/worldwide-diamond-production-by-producers-political-stability/
