If you are parent who gave out your daughter in marriage at an early age because you didn’t have money to send her to school, you may have incurred more cost.

Early marriages are not uncommon in this part of the world.

In West Africa, where you may be reading this from, millions of girls will get married before their 15th birthday.

Of the top 20 countries with the highest rates of child marriage in the world, 18 are in Africa.

World Bank has just released a new report that mirrors the cost implications of early marriages.

According to the new report, more than a third of girls in sub-Saharan Africa marry before their 18th birthday, which costs countries billions of dollars in lost earnings.

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Estimates for 12 countries suggest some $63 billion, about 22.7 trillion naira is lost because child brides complete fewer years of formal education than their peers who marry later.

Every year of secondary education reduces the likelihood of marrying before the age of 18 by five percent or more, it added in the report which is titled: "Educating Girls and Ending Child Marriage".

West Africa in particular has the highest prevalence of marriage before age 15, and of the top 20 countries with the highest rates of child marriage in the world, 18 are in Africa.

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