Belgium: economic loss of retail crime, by sector 2017

In 2017, the retail sector in Belgium lost approximately 1.4 billion euros as a result of retail crime. Losses were particularly high in the food retail and cash & carry sectors, which alone accounted for roughly one third of the total loss.

Estimated economic loss of retail crime for companies in Belgium in 2017, by business sector (in million euros)

Characteristic	Shrinkage	Expenditure on security and prevention
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-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

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Release date

June 2019

More information

Region

Belgium

Survey time period

2017

Supplementary notes

The source adds the following information: "Shrinkage = “The difference between the stock a retailer thought they had and what they actually counted or valued in their physical locations”. However, the definition is not homogeneous and accounting for shrinkage may be a challenging exercise. As part of this study, retailers were asked to provide the shrinkage figures recorded in stores as a percentage of turnover, calculated at sale price without taking insurance payouts into account."

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