SDG 16: Peace, Justice and Strong Institutions

Can you put a price on peace? This study says you can

What is the price of peace? Image: Unsplash/ Alice Donovan Rouse

Douglas Broom

Senior Writer, Formative Content

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SDG 16: Peace, Justice and Strong Institutions

Steve Killelea, founder and executive chairman, Institute for Economics & Peace (IEP)
The cost of violence
Just over 10% of global GDP is being spent on containing, preventing and dealing with the consequences of violence. Image: IEP calculations
Total economic impact and percentage change by region, 2019.
Central American and the Caribbean have had an 8.3% negative change in economic impact related to violence. Image: IEP
Vicious and virtuous cycle from changes in peacefulness.
Vicious and virtuous cycle from changes in peacefulness. Image: IEP
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Related topics:

SDG 16: Peace, Justice and Strong InstitutionsPeace and ResilienceEconomic ProgressRisk and Resilience

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