The immersed economy reaches 25 % in trade, transport and hospitality and round 23.5 % in construction

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The economy “in B” represents 10.7 % of GDP, a total of 9318 million euros. This is data from 2022, the last available, which rise 0.4 % compared to the previous measurement (2020).

The immersionThe person who is not explained in the treasury assumes in Euskadi de 10.7 % of the gross domestic product (GDP), according to the latest available data, that of 2022which was spread today by the Basque Institute for Statistics, Eustat.

However, the economy “in B” is coming up 25 % In sectors such as trade (including vehicle repair), transport And Hospitality. They are followed by the construction, whose immersed activity was 23.5 % and real estate activities, with 16.6 % of the total.

As required by the Basque Institute for Statistics, are immersed activities that are deliberately – partially or complete – hidden from the government, in general to prevent payment of taxes or contributions of social security.

According to Eustat estimates, the gross added value (VAB) is generated by the immersed economy calculated at 9318 million euros, which represents 1803 million more than in 2020 (in 2020 (in 2020 (in 2020+0.4 %).

All Under 15 %Artistic, recreational and entertainment activities are, with 14.8 % of their wealth in a hidden way and other professional activities and emergency services (10.9 %). In the rest of the sectors, immersed activities have a much more moderate contribution. In the information and communication sector, the estimated percentage is 7 %and in the industry of 6.3 %. In the primary sector it represents 3 % and in the sectors of education, health and market social services are hardly good for 1.6 %.

Source: EITB

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