In italy, the total value of the underground (unobserved) economy remained quite stable between 2011 and 2019. According to data, the value of underground economy peaked in 2014 at over 212 billion euros. As of 2019, the value generated by the shadow economy added up to 203 billion euros.
Total value of the underground economy in Italy from 2011 to 2019 (in million euros)
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Istat. (October 18, 2021). Total value of the underground economy in Italy from 2011 to 2019 (in million euros) [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/629469/value-of-underground-economy-italy/
Istat. "Total value of the underground economy in Italy from 2011 to 2019 (in million euros)." Chart. October 18, 2021. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/629469/value-of-underground-economy-italy/
Istat. (2021). Total value of the underground economy in Italy from 2011 to 2019 (in million euros). Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/629469/value-of-underground-economy-italy/
Istat. "Total Value of The Underground Economy in Italy from 2011 to 2019 (in Million Euros)." Statista, Statista Inc., 18 Oct 2021, https://www.statista.com/statistics/629469/value-of-underground-economy-italy/
Istat, Total value of the underground economy in Italy from 2011 to 2019 (in million euros) Statista, https://www.statista.com/statistics/629469/value-of-underground-economy-italy/ (last visited April 26, 2024)
Total value of the underground economy in Italy from 2011 to 2019 (in million euros) [Graph], Istat, October 18, 2021. [Online]. Available: https://www.statista.com/statistics/629469/value-of-underground-economy-italy/