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Underground economy in 2022 worth 182 bn, +16,3 bn - ISTAT

Illegal economy nearly 20 bn

Redazione Ansa

(ANSA) - ROME, OCT 18 - The "non-observed economy" in Italy grew by 17.6 billion euro, up 9. 6% in 2022 compared to the previous year, ISTAT said on Friday.
    In particular, the underground economy (net of illegal enterprises) stood at just under 182 billion euros, up 16.3 billion compared to the previous year, while illegal activities were work nearly 20 billion euros over the same period, the national statistics' bureau said.
    ISTAT also said in 2022 nearly three million people were working without a contract, stable from 2021. (ANSA).
   

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