Conflict costs the global economy $14 trillion a year

The cost of war is staggering. At the end of 2016 an unprecedented 65.6 million people around the world had been forced from their homes – that’s equivalent to the population of the United Kingdom. @WEF

But as well as devastating lives, communities and countries, war also has a huge impact on the global economy.

The Institute for Economics and Peace estimates that conflict and violence cost us $13.6 trillion in 2015.

In 2016 the price tag was even higher, at $14.3 trillion, or 12.6% of global GDP, according to the World Humanitarian Data and Trends report by the UN Office for the Coordination of Humanitarian Affairs (OCHA). Read full article here