The Global Terrorism Index

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Following the deadly terror attack on Paris, should we be worried about the reach of terrorists? Yes, the Global Terrorism Index published by the Institute for Economics and Peace  indicates an exponential increase in terror attacks from 2014 with Boko Haram and ISIL being responsible for 51% of the deaths.

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One of the more worrying trends is the increase in countries that experienced more than 500 deaths. Cameroon and Ukraine did not experience any terrorism deaths between 2000 to 2013 but had more 500 deaths each in 2014. Six countries also experienced the highest level of terrorism in their history. These are; Yemen, South Sudan, Ukraine, Somali, Central African Republic and Cameroon. Overall countries that experienced more than 500 deaths increased by 120%.

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In addition to the increased loss of life, economic cost of terrorism is also on the rise. It is estimated that in 2014, the global economic costs of terrorism reached US$52.9 billion, with a total economic impact of US$105.8 billion. This was calculated using IEP’s economic cost of violence methodology which measures the direct and indirect costs from
the loss of life, destruction of property and losses from ransom payments.
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Your can read the complete report for 2015 here.
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