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ILO Report on Forced Labour Profits
March 23 , 2024
246 days
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- A study by the International Labour Organization (ILO) found that forced labour generates illegal profits worth $36 billion per year.
- This is an increase of 37% of such illegal profits since 2014.
- The report was titled ‘Profits and poverty: The economics of forced labour’.
- It also estimates that traffickers and criminals are generating close to $10,000 per victim, up from $8,269 (adjusted for inflation) a decade ago.
- Total annual illegal profits from forced labour are highest in Europe and Central Asia ($84 billion).
- It is followed by Asia and the Pacific ($62 billion), the Americas ($52 billion), Africa ($20 billion), and the Arab States (US$18 billion).”
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