Weekly Report - 20 December 2012 (WR-12-50)

MEXICO | Cost of insecurity. Mexico’s national statistics institute (Inegi) this week released its first-ever national business victimisation survey (ENVE 2012), which measures the prevalence and incidence of crime affecting businesses. The survey, which polled 27,700 private firms between May and July this year, found that insecurity had cost M$115.2bn (US$9.04bn) to businesses operating in Mexico in 2011, equivalent to 0.75% of the country’s GDP. Inegi calculated that last year 4.3m crimes, each one resulting in an average loss of US$4,500, were committed against some 1.39m firms, or roughly 37.4% of all firms in the country. The results of the survey were presented by Inegi’s public security & justice statistics director, Adrián Franco, who pointed out that the most frequent of these crimes are corruption (24.7%), muggings (22.6%) and extortion (14.5%), with criminals carrying weapons in 46% of cases.

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