Fun Facts to Know and Tell
Jun 30th, 2010 by wintercow20
Estimates of the size of the “informal sector” (i.e. the Black Market) in the US indicate that 9% of activity occurs in this sector.
- The Western European average: 18%
- Greece: 28.6%
- Latin American average: 41%
- Bolivia: 67.1%
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
Does that 9% figure for the US include the trade in illegal drugs? If so, do you have any idea what proportion of the total black market is comprised of the drug trade, by value?