Press release February 7, 2023

Significant increase in the shadow economy in 2023 due to unfavourable economic development (in German).

For Germany and the year 2023, a strong increase in the shadow economy of 60 billion euros (or from 9.4% to 10.2% of the gross domestic product) is expected compared to the previous year. This is mainly due to the forecast unfavourable economic development. In Germany, however, the shadow economy is growing less strongly than in most other larger industrialised countries.