The level of shadow economy in Ukraine in 2007 reduced by 2% in comparison with 2006 – down to 32% of gross domestic product, Ministry of Economy reports. The level of shadow economy in 2006 was 34%.

Nevertheless, both in 2006 and 2007 the showings exceeded the threshold valuation of the economic security – 30% of gross domestic product. “But during the latest two years we can observe positive tendency of decrease of the level of shadow economy,” the Ministry notes.


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