tag Underground Economy

Underground Economy Averages 37% of GDP

EghtesadOnline: The underground economy and tax evasion in Iran have been estimated to average 37.7% and 3.5% of gross domestic product respectively in the fiscal 2017-8, an analytical research published by the Iranian National Tax Administration shows.
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Publish Date:05/August/2020 | 09:05

Iran Underground Economy 's Value at Over $34b

EghtesadOnline: Iran’s underground economy, according to latest data disclosed by the Ministry of Economic Affairs and Finance, was worth 5,360 trillion rials ($34.35 billion) in the year ending March 20, 2018.
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Publish Date:12/May/2019 | 13:54