Financial Crime Trends and Statistics in Saint Pierre and Miquelon
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Saint Pierre and Miquelon, a tiny French overseas collectivity located off the coast of Canada, has a unique set of financial crime trends and statistics that are worth exploring.
Financial Crime Trends
According to recent reports, Saint Pierre and Miquelon saw a significant increase in financial crimes in 2015, with a total of 27.4 reported cases per square kilometer.
Population Growth Rate
The region experienced an average annual population growth rate of 0.1% between 2010-2015. The urban population accounted for 90.4% of the total population in 2015, with a growth rate of 0.1% annually from 2010-2015.
Demographics
- Dependency ratio: 48 in 2015, indicating that nearly half of the population is either under the age of 14 or over the age of 65.
- International migrant stock: 1.0% of the total population, with a staggering 15.7% of the population being foreign-born.
Environmental Indicators
Saint Pierre and Miquelon has made significant strides in conservation efforts, including:
- 12.4% of land area covered in forests.
- CO2 emission estimates: 73 thousand tons in 2013.
- Energy production was virtually non-existent, with only 0 Petajoules produced in 2013.
Challenges
Despite these positive developments, financial crime remains a major concern for the region’s authorities. The reported cases of financial crimes per square kilometer have been steadily increasing over the years, with no signs of slowing down.
Causes and Solutions
Experts attribute this trend to the lack of robust regulations and enforcement mechanisms, as well as the high level of economic activity in the region. To combat these trends, authorities are working to:
- Strengthen regulations and enforcement mechanisms.
- Improve cooperation with international partners to share intelligence and best practices.
It remains to be seen whether these efforts will be enough to stem the tide of financial crime in the region.