Violence in Mexico Cost the Country $245 Billion Dollars in 2023, or 19.8% of GDP

Puerto Vallarta, Mexico - Violence in Mexico continues to exact a heavy toll on the nation's economy, with estimated costs reaching a staggering 4.9 trillion pesos ($245 billion) last year. This represents a notable increase from the previous year, according to the latest findings from the Institute for Economy and Peace (IEP), a nonprofit global research and analysis center headquartered in Sydney, Australia.