Counterfeiting Is a Universal Problem

In February 2017 INTA released a report called The Economic Impacts of Counterfeiting and Piracy, which indicated that the global economic value of counterfeiting and pirated goods could reach US $2.8 trillion by 2022. Paired with wider woes such as public fiscal losses, including reduced employment and economic growth, and the cost of criminal enforcement, the total figure could reach US $4.68 trillion and put more than five million legitimate jobs at risk by 2022.