Underground economy equals 18,6% of GDP

By ETCO
22/07/2011

Source: Globo News, 24/11/2010

The underground economy, which brings together activities that operate on the margins of

inspection, has been growing at the same pace as the formal economy. And this year, it should move more than R $ 650 billion. After spending five years growing less than GDP, informality has gone up.

Since last year, the so-called underground economy has moved forward. Informality brings direct damage to society. In addition to creating an environment of transgression, it reduces the growth potential of the economy.

See also:

ETCO and FGV reveal: Underground Economy exceeds R $ 650 billion in 2010 and stops fall in relation to GDP