Ukrainian Law Blog
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Tuesday, February 13, 2018
Ukraine’s shadow economy is 33% of GDP
The share of Ukraine’s shadow economy in January-September 2017 totaled 33% of GDP, which is 3 percentage points less compared with the same period in 2016, the press service of the Economic Development Ministry reports.
“According to the preliminary data of the Economic Development Ministry, the share of shadow economy in January-September 2017 totaled 33% of official GDP, which is 3 percentage points less compared with the same period in 2016,” reads the report.
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