2 Percent of Cocaine Value Remains in Colombia

According to a study by two economists at the University of the Andes in Bogota, only 2.6 percent of the total street value of cocaine produced in Colombia remains in the country. The other 97.4 percent of the profits and money goes to the drug trafficking cartels and is laundered through banks in first-world countries.

(See all data on illegal financial transactions here.)

Source:  Ed Vulliamy, “Western banks ‘reaping billions from Colombian cocaine trade’,” Guardian, June 2, 2012.