SCMlosses due to various associated risks around the world
Year | Disruptions & delays | Inefficiencies | Theft & fraud | Compliance & regulation | Technological failures | Environmental costs | Total estimated losses |
---|---|---|---|---|---|---|---|
2014 | $200B | $150B | $30B | $25B | $10B | $5B | $420B |
2015 | $220B | $155B | $32B | $28B | $12B | $6B | $453B |
2016 | $250B | $160B | $35B | $30B | $15B | $7B | $497B |
2017 | $280B | $165B | $37B | $32B | $18B | $8B | $540B |
2018 | $300B | $170B | $40B | $35B | $20B | $9B | $574B |
2019 | $320B | $175B | $42B | $38B | $22B | $10B | $607B |
2020 | $1.5T (COVID-19 impact) | $180B | $45B | $40B | $25B | $12B | $1.802T |
2021 | $400B | $185B | $48B | $43B | $28B | $13B | $717B |
2022 | $420B | $190B | $50B | $45B | $30B | $14B | $749B |
2023 | $450B | $195B | $53B | $48B | $32B | $15B | $793B |