The International Labour Organization has revealed that individuals in the sex trafficking industry make approximately $27,252 for each victim, while forced labor in the private sector results in around $236 billion in illegal profits per year.
This information was made public in a recent report on the organization's website titled 'Profits and Poverty: The economics of forced labour', originating from Geneva.
Based on AMBusiness's findings, the ILO's report indicates that forced commercial sexual exploitation makes up over 73% of the total illegal profits.
The ILO also stated that the total illegal profits from forced labor have increased by $64 billion (37%) since 2014, largely due to a growth in the number of people subjected to labor exploitation and higher profits gained from the exploitation of victims.
According to the report, traffickers and criminals now generate around $10,000 in revenue for each victim, up from $8,269 a decade ago.
Europe has the highest illegal profits, while Arab countries have the lowest.
The statement highlighted that Europe and Central Asia see the most annual illegal profits from forced labor at $84 billion, followed by Asia and the Pacific at $62 billion, Americas at $52 billion, Africa at $20 billion, and Arab countries at $18 billion. READ MORE