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EY study puts Romania's underground economy at 13.1%

April 1, 2025

Romania's underground economy has been on a downward trend in recent years, reaching 13.1% of GDP in 2023 (1 percentage point above the global average), from 31.3% of GDP in 2000, 19.5% in 2013 and 15.1% in 2019, according to estimates included in a global study on the topic published by the consulting firm EY.

The problem with these estimates has always been the source and quality of the information used as inputs, which is why estimates have always been questioned,

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