Underground economy´s impact on the GDP in Italy 2011-2021

Published by Statista Research Department, Aug 30, 2024
Between 2011 and 2021, the ratio of the underground economy to gross domestic product (GDP) in Italy decreased. According to data, the value of the economy generated by both shadow economy (under-declaration, illicit work, etc.) and illegal activities represented 10.5 percent of gross domestic product in 2021.

Ratio of the underground economy to GDP in Italy from 2011 to 2021

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Release date

October 2023

Region

Italy

Survey time period

2011 to 2021

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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