This statistic displays a timeline with the annual spending on private security and weapons in Mexico in 2017 and 2018. In 2018, the total expenditure was estimated at almost 316 billion Mexican pesos, up from less than 42 billion pesos a year earlier.
Expenditure on private security and firearms in Mexico in 2017 and 2018
(in billion Mexican pesos)
* Figure calculated by Statista based on the source's data.
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."
This statistic was assembled using different editions of the report. Data prior to 2018 were retrieved from earlier releases.
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IEP. (April 9, 2019). Expenditure on private security and firearms in Mexico in 2017 and 2018 (in billion Mexican pesos) [Graph]. In Statista. Retrieved April 04, 2020, from https://www.statista.com/statistics/754817/mexico-government-spending-on-domestic-security/
IEP. "Expenditure on private security and firearms in Mexico in 2017 and 2018 (in billion Mexican pesos)." Chart. April 9, 2019. Statista. Accessed April 04, 2020. https://www.statista.com/statistics/754817/mexico-government-spending-on-domestic-security/
IEP. (2019). Expenditure on private security and firearms in Mexico in 2017 and 2018 (in billion Mexican pesos). Statista. Statista Inc.. Accessed: April 04, 2020. https://www.statista.com/statistics/754817/mexico-government-spending-on-domestic-security/
IEP. "Expenditure on Private Security and Firearms in Mexico in 2017 and 2018 (in Billion Mexican Pesos)." Statista, Statista Inc., 9 Apr 2019, https://www.statista.com/statistics/754817/mexico-government-spending-on-domestic-security/
IEP, Expenditure on private security and firearms in Mexico in 2017 and 2018 (in billion Mexican pesos) Statista, https://www.statista.com/statistics/754817/mexico-government-spending-on-domestic-security/ (last visited April 04, 2020)
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