Lack of security in Mexico cost companies here 115.2 billion pesos (some $8.86 billion) in 2011, a sum equivalent to 0.75 percent of GDP, the National Institute for Statistics and Geography, or Inegi, revealed Monday.

The head of government statistics, public safety and justice at Inegi, Adrian Franco, said at a press conference that the most frequently committed crimes against companies were acts of corruption, theft and extortion.

"Nationally, on average, 76 percent of companies ... feel that the federal entity where their facilities are located is unsafe. This perception ... in some cases rises to ... 90 percent," he said.

The National Survey of Victimization of Companies, known as ENVE 2012, found that during 2011 4.3 million crimes were committed in Mexico against the country's roughly 1.39 million companies, and the most frequent crime was that of corruption, comprising 24.7 percent of the total, followed by theft with 22.6 percent, extortion with 14.5 percent, petty theft with 11.9 percent and fraud with 8.5 percent.

The U.N. representative for Mexico and Central America against drugs and crime, Antonio Mazzitelli, denied that Mexico is a failed state, but he acknowledged that "corruption is the main cause of crime" there. EFE