World Bank: Organized crime hinders growth in Mexico and across Latin America

World Bank: Organized crime hinders growth in Mexico and across Latin America

Organized crime is hindering economic growth in Mexico, as it is throughout Latin America, confirms a World Bank report published on Monday. With expected economic growth of 2.1% in 2025 and 2.4% in 2026, Latin America’s growth rate is the lowest in the world for any region. The World Bank report also found that homicide rates in Latin America and the Caribbean “far exceed those observed anywhere else in the world.” Organized crime is a regional…

Organized crime and violence are an obstacle to development in Latin America and the Caribbean. Twelve countries in the region are among the top 50 in the organized crime index made up of 193 countries and the Top 3 are occupied by Colombia, Mexico and Paraguay, according to the Global Initiative against Transnational Organized Crime (GI-TOC), used by the World Bank for its report “Organized Crime and Violence in Latin America and the Caribbean.…

Direct and indirect impacts of crime represent 11% of GDP and affect health, companies, and investments

The homicide rates for South America, Central America and the Caribbean “extend more than those observed anywhere else in the world” PORTAVOZ/AGENCIAS The fight against organized crime in Latin America and the Caribbean is a priority, among other things because it slows economic growth, the World Bank warned.The organization considers it “one of the most urgent problems in the region,” whose economy must grow 2.1 percent in 2025 and 2.4 percent …

DOBLE LLAVE – The World Bank (WB) warned that economic growth in Latin America and the Caribbean is hampered by alarmingly high levels of lethal violence linked to organized crime. The macroeconomic organization points out in its report ‘Organized crime and violence in Latin America and the Caribbean’ that these problems aggravate the already fragile economic landscape of the area, whose GDP is expected to rise by 2.1 % in 2025 and 2.4 % in 2026…

The report, entitled “Organized crime and violence in Latin America and the Caribbean”, places special emphasis on the impact of these problems on the region. In this sense, the report indicates that victimization rates are three times higher than the global average, while homicide rates are eight times higher. Among the factors that have contributed to the rise of organized crime, the investigation highlights the growing global demand for illeg…