20 percent of the Russian GDP is from black economy

By: Trademagazin editor Date: 2019. 02. 25. 11:00

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The black economy last year accounted for 20 percent of Russian GDP and represented about 20,000 billion rubles – the Russian Federal Audit Office (Rosfinmonyitoring) told RBK Russian economy daily.

According to the Russian service, 28.3 percent of GDP, 24.3 thousand billion rubles were generated in the black economy in 2016, while in 2017 this ratio was only 20.5 percent, 18.9 thousand billion rubles. (MTI)