IMF: Money Laundry is 2-5% of World GDP

IMF-logoThe International Monetary Fund (IMF) estimates that the amount of money laundered each year may be somewhere between 2% and 5% of the world’s gross domestic product. This is roughly equivalent to the value of the Spanish economy. As long ago as 1996 the IMF gave an estimate of between $590 billion and $1.5 trillion.

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