Tweet
Period:
Area:
10 countries/ areas
Highlight:
1 Italy23.0%
3 France11.7%
5 Canada 9.4%
6 United Kingdom8.3%
7 Japan8.2%
9 Germany7.8%
10 United States7.0%

Source
Leandro Medina and Friedrich Schneider (2018) 'Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?' IMF Working Paper WP/18/17

Correlations with major national performance indices
Life satisfaction (10 steps)
No. of data7
Regression equation
Y = -1.905225 X +6.789
Correlation coefficient (r)-0.367
Coefficient of determination (R2)0.135

GDP per capita (current US$)
No. of data7
Regression equation
Y = -124893.708504 X +64186.979
Correlation coefficient (r)-0.453
Coefficient of determination (R2)0.205

Life expectancy at birth - Both sexes (years)
No. of data7
Regression equation
Y = 14.874884 X +79.912
Correlation coefficient (r)0.396
Coefficient of determination (R2)0.157

Fertility rate, total (births per woman)
No. of data7
Regression equation
Y = -1.465078 X +1.632
Correlation coefficient (r)-0.387
Coefficient of determination (R2)0.150

Suicide, age-standardized (per 100 000 population)
No. of data7
Regression equation
Y = -42.564837 X +14.045
Correlation coefficient (r)-0.706
Coefficient of determination (R2)0.498