Death, Injury and Financial Impact

Mirroring the broader increase in threat activities, the resulting economic costs for prevention and recovery has also dramatically increased. IEP conservatively estimates the economic cost reached its highest ever level in 2014 at US$52.9 billion. This is a 61 per cent increase from the previous year and a ten-fold increase since 2000.

chartoftheday_3948_the_annual_economic_impact_of_global_violence_n

The costs of containing this kind of violence are significant and greater than the direct costs of the acts themselves. IEP estimates the global national security expenditure to be approximately US$117 billion. These national security agencies are tasked with preventing threat activity as well as supporting other elements of national security.                                           Source: GTI 2015 / IEP

chartoftheday_3189_Cost_Of_The_War_On_Terror__n

figure 34

 

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