An Analysis of the Economic Value of Substances of Abuse Seized in Saudi Arabia

Authors: Ahmadi TA*

DOI: 10.23880/ijfsc-16000284

Volume 7, Issue 4

Abstract

Introduction: As one of the largest oil exporters in the world, Saudi Arabia carries 18.1% of the global oil reserves and the fifth largest natural gas reserves. This unrefined wealth, in addition to numerous other natural resources, makes Saudi Arabia a logical destination for drug smugglers and dealers aiming to make fast illegal profits. Based on recent statistics, this article focused on the economic value of drugs of abuse seized in Saudi Arabia during the period between 2009-2012. Methods: Four years of data (2009–2012) related to the economic value of drugs of abuse seized in Saudi Arabia were analyzed. This data was obtained by Saudi Customs and other governmental entities responsible for the monitoring of drug smuggling. Results: The recent financial boom coupled with the numerous nationalities and cultures present in Saudi Arabia has led to an associated increase in the smuggling and promotion of narcotics, accompanied by illegal monetary gain, with consequent detrimental effects on the Saudi economy. This is evident by the Saudi Arabian market value statistics during the years from 2009–2012. Conclusion: Statistically, smuggling and drug trafficking in Saudi Arabia has increased, particularly regarding amphetamines, cannabis, and khat. Economic, security, and social programs aimed at raising youth awareness of the dangers of substance abuse should be implemented to address this ongoing problem.

Keywords: Drugs of Abuse; Economic Value of Drugs of Abuse; Substance Abuse

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