It's larger than that. 20% of the Italian economy is shadow, something around $4...

		adventured on June 28, 2018 \| parent \| context \| favorite \| on: Southern Europe Has Not Seen Net Job Creation in o... It's larger than that. 20% of the Italian economy is shadow, something around $400 billion, according to a recent study by the Institute for Applied Economic Research at the University of Tübingen in Germany (IAW). The US has a $1 trillion shadow economy, around 5% +/-. Canada has a 10% shadow economy. Norway is up at 12%. https://www.forbes.com/sites/niallmccarthy/2017/02/09/where-...

I'm surprised Canada has such a large shadow economy. My guess is that a lot of it is restaurants/bars + cannabis.