CRIME STILL PAYS! Crime Generates $2.1 Trillion Annually Across World: UN

WASHINGTON – The criminal business is one of the top 20 economies in the world, a senior United Nations official has said. Globally, crime generates approximately $2.1 trillionannually, which is about 3.6% of world’s gross domestic product, Yury Fedotov, the head of the UN Office on Drugs and Crime, said at a news conference.

The data is based on figures calculated data for 2009, The Telegraph reports.

During the opening day of the week-long meeting of the International Commission on Crime Prevention and Criminal Justice, Fedotov described the criminal business as a threat to global security and economic development.

He said that up to $40 bnis lost due to corruption in developing countries annually. He added that illegal income from human trafficking amounted to 32 billion dollars every year.

He also cited a range of other crimes such as illegal trafficking, violence, corruption and organized crime yielding big money, adding that they were also major impediments to the Millennium Development Goals.

Comments are closed