Amount of Money Laundering Activity in Mexico

Criminal justice officials in Mexico estimate that as much as $50 Billion is laundered within the country each year. The amount of the money laundering value is equal to about 3 percent of Mexico’s GDP.

The figure is higher than the previously reported figure of $10 Billion.

Source: Ken Ellingwood and Tracy Wilkinson, “Mexico seeks to fill drug war gap with focus on dirty money,” Los Angeles Times, November 27, 2011.