the underground and illegal economy is worth 211 billion, 11.9% of GDP

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the underground and illegal economy is worth 211 billion, 11.9% of GDP


In 2018, the unobserved economy, which includes the underground and illegal one, stood at 211 billion euros, accounting for 11.9% of GDP. Compared to 2017, it decreases by about 3 billion, confirming the downward trend in the incidence on GDP after the peak reached in 2014 (13%). It emerges from the latest Istat report, in which it is specified that the underground economy amounts to just under 192 billion euros and illegal activities to 19 billion.


Istat: the underground and illegal economy is worth 211 billion, 11.9% of GDP


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Istat: the underground and illegal economy is worth 211 billion, 11.9% of GDP

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