Organized Crime & Gangs

Crime Eating Up 8.9% of Mexico’s GDP, Report Says

“Crime cost Mexicans 1.01 trillion pesos (nearly $85.38 billion) in 2009, a figure equivalent to 8.9 percent of the gross domestic product (GDP), a study released over the weekend by the Citizens Crime Research Institute, or Icesi, said.

Crime-related spending rose 11.5 percent in 2008 and 2009, the latest years for which figures are available, costing each Mexican 10,363 pesos ($870) annually, the non-governmental organization said.”

(Source: Latin American Herald Tribune – Crime Eating Up 8.9% of Mexico’s GDP, Report Says.)

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