Economy Department of Istanbul
Turkey worst in OECD for unregistered economy: Study
The share of the unregistered economy in Turkey is bigger than any other Organization for Economic Co-operation and Development (OECD) member state, according to a new study.
The shadow economy's ratio to the Turkish cross domestic product is at 28.72 percent, said the study's author Ceyhun Elgin, from the Economy Department of Istanbul's Bosphorus University.