Underground economy falls little in 2014 and should grow again in the country

By ETCO
25/06/2015

ETCO and FGV / IBRE study shows that the informal market moved R $ 826 billion in 2014, equivalent to 16,1% of the Brazilian GDP

Watch the article dealing with the latest edition of the Underground Economy Index (IES), released by ETCO in conjunction with the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV / IBRE). According to the study, the informal market, which corresponds to the production of goods and services not deliberately reported to the government, generated R $ 826 billion in 2014, which corresponds to 16,1% of the country's Gross Domestic Product (GDP) and points to a slight reduction of 0,2 percentage point in relation to the previous year.  

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