Friday, February 11, 2011

Illicit Financial Flows from Developing Countries: 2000-2009

A January 2011 Report from Global Financial Integrity

Primary Findings

Illicit outflows increased from $1.06 trillion in 2006 to approximately $1.26 trillion in 2008, with average annual illicit outflows from developing countries averaging $725 billion to $810 billion, per year, over the 2000-2008 time period measured.

Illicit flows increased in current dollar terms by 18.0 percent per annum from $369.3 billion at the start of the decade to $1.26 trillion in 2008. When adjusted for inflation, the real growth of such outflows was 12.7 percent. Real growth of illicit flows by regions over the nine years is as follows:

See full Press Release.