In 2019 non-observed economy (NOE) accounts for about EUR 203 billion, 11.3% of GDP. Compared to 2018, it fell by more than 5 billion (-2.6%), confirming the trend that has been going on since 2014.<\/p>\n
The underground economy accounts for little less than EUR 183 billion and illegal activities for over 19 billion.<\/p>\n
Undeclared work in 2019 is estimated at around 3.6 million of full-time equivalent units (FTEs), 57 thousand less than 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"
Non-observed economy declining before the Covid-19 emergency In 2019 non-observed economy (NOE) accounts for about EUR 203 billion, 11.3% of GDP. Compared to 2018, it […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3511,3228,3495,2969,3384,3415],"regione":[],"tema":[4065],"class_list":["post-26263","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-economy","tag-gdp","tag-labour","tag-report","tag-undeclared","tag-value-added","tema-national-accounts"],"meta_fields":{"data_pubblicazione":"20211026","descrizioneperiodo":"Years 2016-2019","titolobreve":"Non observed economy in national accounts - Years 2016-2019","news":"In 2019 non-observed economy (Noe) accounted for about 203 billion euro, 11.3% of Gdp","news_rss":"In 2019 non-observed economy (NOE) accounts for about EUR 203 billion, 11.3% of GDP. Compared to 2018, it fell by more than 5 billion (-2.6%), confirming the trend that has been going on since 2014.\nThe underground economy accounts for little less than EUR 183 billion and illegal activities for over 19 billion.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3511,"label":"economy","slug":"economy"},{"id":3228,"label":"GDP","slug":"gdp"},{"id":3495,"label":"labour","slug":"labour"},{"id":2969,"label":"statistics report","slug":"report"},{"id":3384,"label":"undeclared","slug":"undeclared"},{"id":3415,"label":"value added","slug":"value-added"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/26263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=26263"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/26263\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=26263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=26263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=26263"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=26263"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=26263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}