Another sharp rise in the shadow economy in 2024.
In Germany, the shadow economy will grow by 38 billion euros in 2024 to 481 billion euros and in relation to GDP by half a percentage point to 11.3 percent. This increase follows even stronger growth in the previous year. previous year. The most important reason for the increase in the shadow economy is the weak development of the official gross domestic product. The growth since since the beginning of the coronavirus pandemic is similar to the average for of 20 major industrialized countries.