Underground economy´s impact on the GDP in Italy 2011-2017

The statistic shows the ratio of the underground economy to gross Domestic Product (GDP) in Italy from 2011 to 2017. According to data, the impact of the unobserved economy on the GDP increased from 12.4 percent of GDP in 2011 to 13.1 percent in 2014. However, in the following years it showed a decreasing trend.

Ratio of the underground economy* to GDP in Italy from 2011 to 2017

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Release date

October 2019



Survey time period

2011 to 2017

Supplementary notes

* It includes both the shadow economy (under-declaration, illicit work, etc.) and illegal activities.
Figures have been taken from several publications.

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Statistics on "Key indicators of Italy's economy"

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