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.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s