European Parliamentary Research Service By / July 19, 2023

Economic cost of violence outstrips a quarter of GDP

Economic cost of violence outstrips a quarter of GDP in seven countries

Economic cost of violence outstrips a quarter of GDP in seven countries

In conflict-affected areas, the intertwined impacts of climate change, displacement, difficult access to resources, destruction of livelihoods and lack of economic opportunities fuel violent armed groups, drug trafficking, and social or ethnic conflict. Conversely, conflict hinders development: in 2022, violence had an average cost equivalent to 34 % of GDP in the 10 countries most economically affected by violence (it was less than 3 % in the ten countries least affected by violence); this level has risen up to 63.1 % in Ukraine.

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European Parliamentary Research Service

European Parliamentary Research Service
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