Pakistan on Thursday was ranked 31st amidst 91 countries with an estimated black market net worth of $6bn.
Pakistan was ranked 31st by Havocscope and the figure was determined by combining the total value of 52 black market products and activities with the total value of the black market activity in 91 countries. World crime statistics and values are gathered from law enforcement and security agencies, international organisations, industry lawyers and representatives, and news articles.
Havocscope website stated that Pakistan’s black market’s estimated value is $6.12bn per year with cocaine price in Pakistan at $118.7 per gram; heroin price $3.0 per gram; price paid to human smugglers $22,000; and human traffickers’ price is $342. Similarly, book piracy in Pakistan is estimated at $55m; counterfeiting $358m; cigarette smuggling $116m; drug trafficking $4.8bn; and gas and oil smuggling is estimated at $66m. Havocscope further stated that heroin trafficking in Pakistan is hovering around $1.2bn; illegal logging $782m; music piracy $25m; and software piracy stands at $278m.
On the other hand, India stands 18th out of 91 countries in the world with the black market estimated value of $16.84bn, more than double as compared to Pakistan. Meanwhile, India’s estimated value in prostitution is $8.4 billion while the website did not show any figures regarding this sector in Pakistan.
