In Ukraine, the “shadow” remains more than a trillion hryvnia

В Украине "в тени" остается более триллиона гривен

Ukraine occupies the third place in the list of countries with the largest shadow economy.

In Ukraine, in 2016 the volume of the economy which do not pay taxes, i.e., “shadow”, was 1.1 trillion hryvnia, according to a study by the international Association of chartered certified accountants (ACCA), says ZN.UA.

And this despite the fact that GDP in the same year amounted to 2.38 trillion UAH, and the revenues of the state budget — 595 billion.

According to ACCA Ukraine in 2016, took third place (45,16%) in the list of countries with the largest shadow economy. We are ahead of only Nigeria with the rate of 48.37% and Azerbaijan (67,04%).

We will remind, in the first six months of 2017 investment in Ukraine fell by almost two times – up to 2.34 billion hryvnia.

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