Measuring Illicit Financial Flows from illegal markets - Presentation of results from pilot studies in four countries of Latin America

On 25 March 2021, the meeting "Measuring Illicit Financial Flows from illegal markets - Presentation of results from pilot studies in four countries of Latin America" was co-hosted by UNODC-INEGI Center of Excellence for Statistical Information on Governance, Public Security, Victimization and Justice, and UNODC Data Development and Dissemination Section as final activity of the UNODC-UNCTAD Development Account Project “Developing indicator on illicit financial flows and monitoring them in Latin America”. 

Some 130 participants from national institutions, national statistical offices from pilot countries and other countries in the region participated in the online meeting, together with experts from international organizations, academia and research centres.

The presentation of the final results of pilot activities conducted in Mexico, Colombia, Peru and Ecuador between 2018 and 2020 focused on:

  • illustrating the final estimates on illicit financial flows related to selected illegal market activities, such as drug trafficking (cocaine, heroin and methamphetamine trafficking), smuggling of migrants and illegal gold mining
  • sharing experiences, lessons learned, best practices from implementing countries, as well as ideas on how to improve data collection and research on illicit financial flows to facilitate monitoring of SDG Indicator 16.4.1 by national statistical offices and other relevant national institutions.