Transcription of GLOBAL PEACE
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Institute for Economics & PeaceMeasuring PEACE in a complex worldGLOBAL PEACE INDEX GLOBAL PEACE INDEX 20202021 Quantifying PEACE and its BenefitsThe Institute for Economics & PEACE (IEP) is an independent, non-partisan, non-profit think tank dedicated to shifting the world s focus to PEACE as a positive, achievable, and tangible measure of human well-being and achieves its goals by developing new conceptual frameworks to define peacefulness; providing metrics for measuring PEACE ; and uncovering the relationships between business, PEACE and prosperity as well as promoting a better understanding of the cultural, economic and political factors that create is headquartered in Sydney, with offices in New York, The Hague, Mexico City, Brussels and Harare. It works with a wide range of partners internationally and collaborates with intergovernmental organisations on measuring and communicating the economic value of more information visit cite this report as: Institute for Economics & PEACE .
per cent of the world’s economic activity (gross world product) or $1,942 per person. The economic impact of violence increased by 0.2 per cent during 2020. This was mainly driven by an increase in global military expenditure, which rose by 3.7 per cent, however, the economic impact of terrorism fell by 17.5 per cent.
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