• Although estimates vary, some estimate that the underground economy is between 11% and 12% of the US gross domestic product (GDP), or about $2.25 trillion to $2.5 trillion.

  • The elements of the underground economy vary from country to country, from state to state, and in some cases from municipality to municipality.
  • Alternative names for the shadow economy include the shadow economy, the black market, and the informal economy.
  • Trafficking in illegal drugs, trafficking in human beings, endangered species, human organs, antiquities and stolen goods are examples of activities in the shadow economy.