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**Walkabout** · #1 7 Jun 2016

Quote:

Originally Posted by xfiltrate

Tim, I did not consider Spain's "massive black economy of 25% GDP," but assuming the other countries also have massive black economies, the comparison should hold. I know little about the illegal drug economies
of the U S and the UK (for example) except that both are massive.

xfiltrate

A little while ago it was reported that the UK now includes for the illegal drug economy in the GDP figures for this country.
It being totally illegal, at present anyway, such figures are arrived at by some form of estimation.

IIRC, there is also included an estimation of the GDP turnover for prostitution.
Only the wacky UK or perhaps the USA does the same?
Anyway, it tells a good story and no one really seems to care.

**xfiltrate** · #2 7 Jun 2016

Quote:

Originally Posted by Walkabout

A little while ago it was reported that the UK now includes for the illegal drug economy in the GDP figures for this country.
It being totally illegal, at present anyway, such figures are arrived at by some form of estimation.

IIRC, there is also included an estimation of the GDP turnover for prostitution.
Only the wacky UK or perhaps the USA does the same?
Anyway, it tells a good story and no one really seems to care.

Walkabout, thank you for all your contributions to this topic, if Uk is doing it
(pun intended) I wonder if all other EU GDP numbers (pun intended) include similar estimates for prostitution and illegal drug sales.

Prostitution is legal in Argentina and given a wink and a nod in Spain, well if you are lucky - I would not risk it in Spain. Anyway, I always deduct the expense of my mistress in Argentina from my taxable income. We might be on to something here, any one up for a great documentary? I will leave you to decide if the last is a pun or not and remain your fellow hubber.
Viva 23 de junio
xfiltrate