Flow of illicit money from Central America expands
Tuesday, December 15, 2015
![](https://www.centralamericalink.com/storage/images/2017/02/07/201512151132330.illicit money.jpg)
The Global Financial Integrity report says that between 2004 and 2013 the flows of money from Costa Rica from laundering and other illicit sources increased by 10% compared to the period 2003-2012, but Panama has dropped in the bad list ranking.
The report shows that during the 10 years in question, the flow of illicit money from Costa Rica exceeded $11 billion. Costa Rica is located at position 15 in the world, surpassed in Latin America only by Mexico and Brazil. In relation to population or GDP, Costa Rica is a world leader in flows of illicit money.
Source: Newsroom Panama