Last year, crime cost the State of Israel some NIS 14.4 billion – less than it had a year earlier, but still a sizable chunk of money.

The sum represents the amount paid for damages incurred by crimes, according to data released Monday by the Public Security Ministry.

For example, the cost to the Israeli economy of each homicide is NIS 2.3 million, according to the report.

The impact of crime on the market dropped by 5.3 percent as compared to 2010, according to the report.

Nevertheless, the average cost of damages caused by each crime was higher in 2011; in fact, the cost reached a record high of NIS 11,266 per incident, the ministry reported.

The expense to the state is approximately NIS 39,000 each time security must respond to a crime. Much of that cost is spent on administrative management of the criminal case.

Israel’s national police department, state prosecutors’ office and prison system all have separate budgets and charge separate fees for criminal management.