Where Data Tells the Story
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The shadow economy, which includes unreported and untaxed business activities, drug trafficking, and other illegal activities generates trillions annually in revenue.
On average, the shadow economy is equal to 42.4% of GDP in low income countries, with the highest concentration in Africa.
In contrast, North America, Europe, and the Middle East have the lowest share to GDP. In particular, the UAE has the lowest level globally, at 2.1% of GDP.