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Sanctions

Understanding sanctions with the Global Sanctions Index (GSI)

Global Sanctions Index (GSI) is based on the deduplicated data from Refinitiv World-Check Risk Intelligence and covers the net increase in explicit sanctions on natural and legal persons from every known publicly available sanctions list globally. The index base date (when it equalled 100) is January 2017 and it is equally weighted across 183 countries and sanctions programmes.

  • In August 2022, the Global Sanctions Index (GSI) stood at 273 and year-on-year inflation was 14.6% with over 52,000 persons (individuals and entities) sanctioned
  • Since January 2017 the number of sanctions issued has increased by 270%
  • The United Nations (UN) programme is currently undergoing sanctions deflation: consensus-driven sanctions issued by the UN represent just 2% of global explicit sanctions 
  • Overall sanctions inflation is a long-established trend at a global level 

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Sanctions inflation has surged with extremely wide-ranging consequences. It has risen to such an extent that the total number of sanctioned persons has increased by 275% since January 2017, and the current inflation rate of 14.8% is set to double again within the next five years.

Key numbers

Since January 2017 sanctions have increased by 270%

In 183 countries there is at least one sanctioned person

In 39 countries there are +100 sanctioned persons