Expenditure on private security and firearms in Mexico from 2015 to 2021 (in billion Mexican pesos)

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Source

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Release date

May 2022

Region

Mexico

Survey time period

2015 to 2021

Special properties

based on 2021 constant prices

Supplementary notes

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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