Production volume of platinum globally 2022, by political stability of producers

Published by
Madhumitha Jaganmohan,
Jun 11, 2024

In 2022, countries classified as politically unstable accounted for the largest share of global platinum production. That year, platinum production in politically unstable countries amounted to 173.2 metric tons. In comparison, nearly ten metric tons of platinum were produced by fairly politically stable countries.

Production volume of platinum worldwide in 2022, by political stability of producer countries (in metric tons)

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Source

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Release date

March 2024

Region

Worldwide

Survey time period

2022

Supplementary notes

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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