A recent study by the Brazilian government spelled out the high cost of crime in the South American giant, placing a few of the country’s states on par with some of the world’s most murderous nations, including Honduras

In financial terms, record homicide levels have cost Brazil 450 billion reals ($120 billion) in lost productivity over two decades — a sum almost equal to the Marshall Plan, the U.S. World War II aid package for Europe. The report from Brazil’s presidency noted that the overall economic cost of crime between 1996 and 2015 jumped an equivalent of 4.4% of gross domestic product annually — about three times that of some European countries. “Violent crime has not eased in the interim: If anything, it worsened. It is very likely that the overall economic burden of criminal violence steadily increased,” says Robert Muggah, research director at the Igarapé Institute, a security think tank in Rio de Janeiro that contributed to the report. “Brazil is confronting a full-blown public security crisis, but spending on crime control has been both ineffective and inefficient.” The report was released days after government think tank IPEA and the Brazilian Forum on Public Security (FBSP) revealed in a study that the country’s homicide rate exceeded 30 per 100,000 in 2016, with 62,500 murders, the highest ever recorded, and about 30 times more than in Europe. Between 2006 and 2016, 553,000 people were killed in Brazil, said the IPEA/FBSP study, more than in the seven-year Syrian civil war, according to the Syrian Observatory for Human Rights. A recent study on the costs of crime by the Inter-American Development Bank revealed that the regional average in Latin America was 3.55% of GDP in 2014, compared with 3.78% in Brazil in the same year; 2.75% in the United States; 2.55% in Britain; 1.87% in France; and 1.34% in Germany.