The shadow economy shrank a record – MEDT

The level of shadow economy in Ukraine amounted to 32% of official GDP. This is the lowest amount in ten years.

The level of shadow economy in Ukraine in January-September 2018 amounted to 32% of the official gross domestic product, which is 1 percentage point less compared to the same period of 2017. About it reports a press-service of the Ministry of economic development and trade.

“Comparing similar indicators from previous years, it should be noted that 32% – the lowest level over the last 10 years calculated for the period of nine months of each year. This level of legalization of the economy can be considered as one of the criteria for evaluating the effectiveness of implemented reforms and the perception of their company”, – stated in the message of Ministry of economic development.

 

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