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Forced Sex Traffickers Yields $236 Billion in Illegal Profits Annually

ValidViewNetwork by ValidViewNetwork
March 20, 2024
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The International Labour Organization (ILO) has revealed alarming statistics regarding the profits generated by sex traffickers, with each victim of forced labor in the private economy yielding an average of $27,252 for perpetrators annually.

This data, disclosed in the ILO’s report titled ‘Profits and Poverty: The economics of forced labour’ from Geneva, underscores the staggering $236 billion in illegal profits generated yearly from forced labor.

According to the report, forced commercial sexual exploitation constitutes a significant portion, accounting for over two-thirds (73%) of the total illegal profits.

This figure marks an increase of $64 billion (37%) since 2014, attributed to a rise in the number of individuals coerced into labor and higher profits derived from victim exploitation.

Over the past decade, traffickers and criminals have seen a surge in revenue per victim, reaching approximately $10,000 from $8,269.

The distribution of illegal profits varies geographically, with Europe and Central Asia topping the list at $84 billion annually, followed by Asia and the Pacific at $62 billion, the Americas at $52 billion, Africa at $20 billion, and Arab countries at $18 billion.

Further analysis indicates that forced commercial sexual exploitation generates the highest profits per victim compared to other forms of non-state forced labor exploitation, with an average of $27,252 per victim.

This figure far exceeds the $3,687 generated per victim in other forms of non-state forced labor.

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The report highlights that these illicit profits represent wages that should rightfully belong to workers but remain in the possession of exploiters due to coercive practices.

Gilbert F. Houngbo, Director-General of ILO, emphasizes the urgency of addressing forced labor, which perpetuates cycles of poverty and exploitation, undermining human dignity.

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Houngbo stresses the need for comprehensive action from the international community to combat this injustice, including investing in enforcement measures, strengthening legal frameworks, and providing training for enforcement officials.

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Additionally, efforts must focus on addressing root causes and safeguarding victims, as enforcement alone cannot eradicate forced labor.

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In conclusion, the report underscores the imperative of concerted efforts to end forced labor, uphold workers’ rights, and promote fairness and equality for all.

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