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Mexico: economic impact of violent crime 2015-2019

In 2019, the economic impact caused by violent crime in Mexico amounted to approximately 1.43 trillion Mexican pesos, down from 1.46 trillion pesos in 2018. 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 2019

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Source

Release date

May 2020

Region

Mexico

Survey time period

2015 to 2019

Special properties

In constant prices based on 2019 values

Supplementary notes

The figures have been rounded.

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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