In 2021, the economic impact caused by organized crime in Mexico amounted to 16.61 billion Mexican pesos, up from 15.3 billion pesos a year earlier. Further, homicides had caused that year an economic impact of 2.14 trillion Mexican pesos in the country.
Annual economic impact of organized crime in Mexico from 2015 to 2021
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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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IEP. (May 5, 2022). Annual economic impact of organized crime in Mexico from 2015 to 2021 (in billion Mexican pesos) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/754627/mexico-economic-impact-organized-crime/
IEP. "Annual economic impact of organized crime in Mexico from 2015 to 2021 (in billion Mexican pesos)." Chart. May 5, 2022. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/754627/mexico-economic-impact-organized-crime/
IEP. (2022). Annual economic impact of organized crime in Mexico from 2015 to 2021 (in billion Mexican pesos). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/754627/mexico-economic-impact-organized-crime/
IEP. "Annual Economic Impact of Organized Crime in Mexico from 2015 to 2021 (in Billion Mexican Pesos)." Statista, Statista Inc., 5 May 2022, https://www.statista.com/statistics/754627/mexico-economic-impact-organized-crime/
IEP, Annual economic impact of organized crime in Mexico from 2015 to 2021 (in billion Mexican pesos) Statista, https://www.statista.com/statistics/754627/mexico-economic-impact-organized-crime/ (last visited July 03, 2024)
Annual economic impact of organized crime in Mexico from 2015 to 2021 (in billion Mexican pesos) [Graph], IEP, May 5, 2022. [Online]. Available: https://www.statista.com/statistics/754627/mexico-economic-impact-organized-crime/