In 2020, the economic impact caused by violent crime in Mexico amounted to approximately 1.57 trillion Mexican pesos, down from 1.71 trillion pesos in the previous year. This amount represents almost one third of the total economic losses suffered due to violence in the Latin American country.
Annual economic impact of violent crime in Mexico from 2015 to 2020
(in trillion Mexican pesos)
The source adds the following information: "The Institute has developed an innovative methodology to calculate the economic impact of violence to the economy. It does this by calculating 13 different types of violence related spending at the national level, and applying a multiplier effect to account for the lingering influence of violence and fear. There are immediate and obvious examples of the impact of violence to the economy, like hospital fees, or security costs, and there are also more subtle long term impacts, such as a shift to more defensive spending by individuals, businesses and governments."
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Vision of Humanity. (May 5, 2021). Annual economic impact of violent crime in Mexico from 2015 to 2020 (in trillion Mexican pesos) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/754616/mexico-economic-impact-violent-crime/
Vision of Humanity. "Annual economic impact of violent crime in Mexico from 2015 to 2020 (in trillion Mexican pesos)." Chart. May 5, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/754616/mexico-economic-impact-violent-crime/
Vision of Humanity. (2021). Annual economic impact of violent crime in Mexico from 2015 to 2020 (in trillion Mexican pesos). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/754616/mexico-economic-impact-violent-crime/
Vision of Humanity. "Annual Economic Impact of Violent Crime in Mexico from 2015 to 2020 (in Trillion Mexican Pesos)." Statista, Statista Inc., 5 May 2021, https://www.statista.com/statistics/754616/mexico-economic-impact-violent-crime/
Vision of Humanity, Annual economic impact of violent crime in Mexico from 2015 to 2020 (in trillion Mexican pesos) Statista, https://www.statista.com/statistics/754616/mexico-economic-impact-violent-crime/ (last visited November 21, 2024)
Annual economic impact of violent crime in Mexico from 2015 to 2020 (in trillion Mexican pesos) [Graph], Vision of Humanity, May 5, 2021. [Online]. Available: https://www.statista.com/statistics/754616/mexico-economic-impact-violent-crime/
