The gross domestic product (GDP) at market prices for underground economic activity in Canada was estimated to be $68.5 billion, or 2.7% of total GDP, in 2021.
The underground economy grew 4.8% in real terms in 2021, following a 4.5% decline in 2020. Most of the growth in 2021 was the result of an 18.0% increase in underground economic activity related to investment in residential structures, while the decline in 2020 was due to lower underground economic activity in household final consumption expenditure (-8.4%).
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