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Mexico counts the huge economic cost of violence

Wednesday, April 5, 2017

Violence cost Mexico the equivalent of 18 percent of GDP last year when the homicide rate rose, the 2017 Mexico Peace Index report said Tuesday.

The cost of the violence amounted to $1,335 per person last year, Mexican Institute for the Economy and Peace coordinator Patricia de Obeso said.

The violence is "a tax on the country's security" that all citizens pay and that comes to more than a month of pay for the average Mexican worker, De Obeso said.

Source: Efe