Shadow economy accounts for nearly a third of Ukraine’s GDP in 2020

Servicemen of the National Anti-Corruption Bureau stand over plastic bags filled with $6 million in cash, the biggest ever bribe uncovered in Ukraine’s history on June 13, 2020. Ukraine’s shadow economy has grown to 30 percent of its gross domestic product in 2020, an increase from 27 percent in 2019, according to a report published by Ukraine’s ministry of economy on July 25.