Underground economy falls little in 2014 and should grow again in the country

By ETCO

15/02/2023

ETCO and FGV / IBRE study shows that the informal market moved R $ 826 billion in 2014, equivalent to 16,1% of the Brazilian GDP

Watch the article that deals with the latest edition of the Underground Economy Index (HEI), released by ETCO in conjunction with the Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV/IBRE). According to the study, the informal market, which corresponds to the production of goods and services not deliberately reported to the government, moved BRL 826 billion in 2014, a value that corresponds to 16,1% of the Gross Domestic Product (GDP) of the country and points to a slight reduction of 0,2 percentage point in relation to the previous year.

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Underground economy falls little in 2014 and should grow again in the country

ETCO and FGV / IBRE study shows that the informal market moved R $ 826 billion in 2014, equivalent to 16,1% of the Brazilian GDP

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