[f38zf5vdt]

The underground economy in developed countries is estimated at around 10% of the GDP, so comparatively yes. [1]

[1] https://www.investopedia.com/articles/markets-economy/062216...

[marcosdumay]

Underground economy is a term for any transaction that isn't reported to the government and don't pay taxes. It's not a name for illegal activity only.

Most of it is perfectly legal or is illegal only because it's evading taxes.

[solitus]

Good to know, thanks for the link!