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    Sri Lanka ranks better in Global Peace Index

    June 25, 2014

    Sri Lanka has become more peaceful and ranked better in this year's Global Peace Index that was released yesterday.

    Sri Lanka ranks at 105th place in this year's Global Peace Index (GPI) which ranked 162 nations according to their 'absence of violence'.

     

    The GPI, the world's leading measure of national peacefulness, ranked Sri Lanka 110th in 2013 out of 162 countries.

     

    Sri Lanka received a Global Peace Index score of 2.197 this year due to the contributions from militarization, society and security and domestic and international conflicts. The national cost of violence was estimated at US$ 6.37 billion.

     

    The GPI is developed by Institute for Economics and Peace (IEP) under the guidance of an international panel of independent experts with data collated and calculated by the Economist Intelligence Unit (EIU).

     

    It is composed of 22 indicators, ranging from a nation's level of military expenditure to its relations with neighboring countries and the percentage of prison population.

     

    The 2014 Global Peace Index shows that the world has become less peaceful as 111 countries have deteriorated in levels of peace since 2008, while only 52 have improved.

     

    In the South Asian region Sri Lanka ranked at fourth behind Bhutan (16), Nepal (76) and Bangladesh (98) in the order and one place above India which ranked at 143. Pakistan (154) and Afghanistan (161) ranked below India in that order.

     

    Iceland was the most peaceful in this year's list. New Zealand at 4th and Japan at 8th topped the Asia-Pacific region while Bhutan topped the South Asia at 16th place. Syria displaced Afghanistan as the world's least peaceful nation.

     

    The United States ranked just above Sri Lanka at 101st place. Although U.S. is one of the highest-ranking countries in the world in terms of democracy, it also held back by restrictions to civil liberties tied to anti-terrorism efforts, the GPI report said.

     

    The most peaceful region of the world continues to be Europe while the least peaceful region is South Asia.

     

    Global violence impacted the global economy by US$9.8 trillion or 11.3% of GDP in the last year, an increase of US$179 billion YOY, through upward revisions of China's military expenditure and the number and intensity of internal conflicts, the GPI report said.

     

    Steve Killelea, founder and executive chairman of The Institute for Economics and Peace (IEP), said, “Many macro factors have driven the deterioration in peace over the last seven years, including the continued economic repercussions of the global financial crisis, the reverberations of the Arab Spring, and the continued spread of terrorism.

     

    “The danger is that we fall into a negative cycle: Low economic growth leads to higher levels of violence, the containment of which produces lower economic growth.”(KH/SI)

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