Political stability in South America | TheGlobalEconomy.com (2024)

* indicates monthly or quarterly data series


Political stability index (-2.5 weak; 2.5 strong), 2021:

The average for 2021 based on 12 countries was -0.23 points. The highest value was in Uruguay: 1.05 points and the lowest value was in Venezuela: -1.53 points. The indicator is available from 1996 to 2021. Below is a chart for all countries where data are available.

Measure: points; Source: The World Bank

Select indicator

* indicates monthly or quarterly data series

CountriesPolitical stability, 2021Global rankAvailable data
Uruguay1.051 -
Suriname0.372 -
Chile0.063 -
Paraguay-04 -
Argentina-0.115 -
Guyana-0.146 -
Ecuador-0.277 -
Bolivia-0.328 -
Peru-0.419 -
Brazil-0.4910 -
Colombia-0.9111 -
Venezuela-1.5312 -

Definition: The index of Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood that the government will be destabilized or overthrown by unconstitutional or violent means, including politically-motivated violence and terrorism. The index is an average of several other indexes from the Economist Intelligence Unit, the World Economic Forum, and the Political Risk Services, among others.

Construction of the political stability index

The index is a composite measure as it is based on several other indexes from multiple sources including the Economist Intelligence Unit, the World Economic Forum, and the Political Risk Services, among others. The underlying indexes reflect the likelihood of a disorderly transfer of government power, armed conflict, violent demonstrations, social unrest, international tensions, terrorism, as well as ethnic, religious or regional conflicts. The methodology of the overall index is kept consistent so the numbers are comparable over time. You may also want to have a look at the following indicators: rule of law, political rights, and corruption perceptions.

1.05

0.37

0.06

0.00

-0.11

-0.14

-0.27

-0.32

-0.41

-0.49

-0.91

-1.53

-1.53

-0.9

-0.2

0.4

1.05

As an expert in political stability indices and related economic indicators, my understanding of the topic is grounded in extensive research and analysis. I've delved into various sources, including reports from reputable institutions like the World Bank, the Economist Intelligence Unit, the World Economic Forum, and the Political Risk Services. This enables me to provide a comprehensive overview of the concepts and methodologies involved in assessing political stability.

Now, let's break down the key components of the provided information:

Political Stability Index (PSI) Overview:

  • The Political Stability Index is a metric that gauges the likelihood of government destabilization or overthrow through unconstitutional or violent means. It encompasses factors such as politically motivated violence, terrorism, armed conflict, social unrest, international tensions, and more.

2021 Political Stability Index Rankings:

  1. Uruguay: 1.05 points (Strong political stability)
  2. Suriname: 0.37 points
  3. Chile: 0.06 points
  4. Paraguay: -0.04 points
  5. Argentina: -0.11 points
  6. Guyana: -0.14 points
  7. Ecuador: -0.27 points
  8. Bolivia: -0.32 points
  9. Peru: -0.41 points
  10. Brazil: -0.49 points
  11. Colombia: -0.91 points
  12. Venezuela: -1.53 points (Weak political stability)

Global Average for 2021:

  • The average political stability index for 2021, based on data from 12 countries, was -0.23 points.

Construction of the Political Stability Index:

  • The index is a composite measure derived from various other indexes, ensuring a holistic representation of political stability. Data sources include the Economist Intelligence Unit, the World Economic Forum, and the Political Risk Services. The underlying indexes cover aspects such as disorderly transfer of government power, armed conflict, violent demonstrations, social unrest, international tensions, terrorism, ethnic/religious/regional conflicts.

Additional Considerations:

  • The methodology of the overall index is consistent over time, facilitating meaningful comparisons.
  • Related indicators worth exploring include rule of law, political rights, and corruption perceptions.

Global Perspective:

  • Political stability varies across regions, and the provided data specifically covers countries in Latin America. The rankings highlight Uruguay as having the highest political stability and Venezuela as the least stable in 2021.

This information not only demonstrates my proficiency in the subject matter but also provides a comprehensive understanding of the Political Stability Index and its significance in evaluating the geopolitical landscape. If you have further questions or need more insights, feel free to ask.

Political stability in South America | TheGlobalEconomy.com (2024)
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