Such a rating is caused by frequent attacks by Boko
Haram in 2013 and 2014. Experiencing 140% increase
in deaths to 4,392, Nigeria stays among the most
violent countries to live in.
Index notes that Nigeria’s neighbour Cameroon
recorded 191 deaths in 2014 compared to none the
previous year.
The Global Peace Index puts Iraq in 162nd position,
Egypt (149), Somalia (157), Sudan (158) and the
Democratic Republic of Congo (160).
The report puts the cost of violence around the
world at a record $14.3 trillion in 2014.
Founder and executive chairman of Institute for
Economics and Peace, Steve Killelea said:
“Reducing conflict is a crucial plank in ensuring
continued world economic recovery. If global violence
were to decrease by 10 per cent uniformly, an
additional US$1.43 trillion would effectively be added
to the world economy. To put this in perspective, this
is more than six times the total value of Greece’s
bailout and loans from the IMF, ECB and other
Eurozone countries combined.”
The report says that since 2008 the total economic
impact of violence has increased by US$1.9 trillion
(+15.3%) while the economic impact from refugees
and IDPs alone has increased by 267 % since 2008,
and now amounts to US$128 billion. The report also
adds that military expenditure, homicide and police
forces remain the most costly categories, accounting
collectively for 68.3 per cent of the total cost.
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