Spending in private security and weapons caused a total economic impact of 265.63 billion Mexican pesos in 2021. Direct expenditures represented approximately half of the total economic losses in this area. The figures are estimates based on constant values taking 2021 as base year.
Annual expenditure in private security and weapons in Mexico in 2021, by type
(in billion 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, 2022). Annual expenditure in private security and weapons in Mexico in 2021, by type (in billion Mexican pesos) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/754666/mexico-expenditure-private-security/
Vision of Humanity. "Annual expenditure in private security and weapons in Mexico in 2021, by type (in billion Mexican pesos)." Chart. May 5, 2022. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/754666/mexico-expenditure-private-security/
Vision of Humanity. (2022). Annual expenditure in private security and weapons in Mexico in 2021, by type (in billion Mexican pesos). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/754666/mexico-expenditure-private-security/
Vision of Humanity. "Annual Expenditure in Private Security and Weapons in Mexico in 2021, by Type (in Billion Mexican Pesos)." Statista, Statista Inc., 5 May 2022, https://www.statista.com/statistics/754666/mexico-expenditure-private-security/
Vision of Humanity, Annual expenditure in private security and weapons in Mexico in 2021, by type (in billion Mexican pesos) Statista, https://www.statista.com/statistics/754666/mexico-expenditure-private-security/ (last visited November 05, 2024)
Annual expenditure in private security and weapons in Mexico in 2021, by type (in billion Mexican pesos) [Graph], Vision of Humanity, May 5, 2022. [Online]. Available: https://www.statista.com/statistics/754666/mexico-expenditure-private-security/
