• Private security & weapons spending in Mexico 2019

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Mexico's annual spending on private security and weapons reached 341.6 billion Mexican pesos in 2019. Half of this amount were directly spent funds on private security. Within the presented period, this figure was only surpassed in 2016 and 2017, when expenditures on private protection exceeded 345 billion pesos, with estimates based on 2019 constant prices.

Expenditure on private security and firearms in Mexico from 2015 to 2019 (in billion Mexican pesos)

	Value in billion Mexican pesos
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Release date

October 2020

More information

Region

Mexico

Survey time period

2015 to 2019

Special properties

estimated figures based on 2019 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."