Managing fear against crime in Mexico was estimated to cost around 56.7 billion Mexican pesos in 2023. The total economic impact of fear due to criminality and violence in this Latin American country had remained rather stable in the indicated period prior to 2023, during that last year the estimated cost increased by over 12 billion pesos.
Expenditure on fear of criminality and violence in Mexico from 2015 to 2023
(in billion Mexican pesos)
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."
Figures prior to 2023 were taken from previous versions of the same report.
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Vision of Humanity. (May 5, 2024). Expenditure on fear of criminality and violence in Mexico from 2015 to 2023 (in billion Mexican pesos) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/754838/mexico-government-spending-criminal-justice-system/
Vision of Humanity. "Expenditure on fear of criminality and violence in Mexico from 2015 to 2023 (in billion Mexican pesos)." Chart. May 5, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/754838/mexico-government-spending-criminal-justice-system/
Vision of Humanity. (2024). Expenditure on fear of criminality and violence in Mexico from 2015 to 2023 (in billion Mexican pesos). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/754838/mexico-government-spending-criminal-justice-system/
Vision of Humanity. "Expenditure on Fear of Criminality and Violence in Mexico from 2015 to 2023 (in Billion Mexican Pesos)." Statista, Statista Inc., 5 May 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/754838/mexico-government-spending-criminal-justice-system/
Vision of Humanity, Expenditure on fear of criminality and violence in Mexico from 2015 to 2023 (in billion Mexican pesos) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/754838/mexico-government-spending-criminal-justice-system/ (last visited November 10, 2024)
Expenditure on fear of criminality and violence in Mexico from 2015 to 2023 (in billion Mexican pesos) [Graph], Vision of Humanity, May 5, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/754838/mexico-government-spending-criminal-justice-system/
