Macrophage87 t1_itci21r wrote on October 22, 2022 at 4:22 PM

I'm not understanding the "Other Category". What are people in Germany, UK, France, Italy, etc. doing 10% of that the US isn't?

Italy is notable for incorporating its black market in GDP calculations, is that it? I doubt the other countries are doing so as well though.

https://www.thelocal.it/20191015/italys-black-market-is-now-worth-more-than-200-billion/

685327594 t1_itcx1we wrote on October 22, 2022 at 6:04 PM

There is likely no actual difference, but the data is tabulated differently.

FarCommon408 t1_itdom8y wrote on October 22, 2022 at 9:16 PM

The black market estimates are added by every country when counting GDP, besides that the Italian black market estimates according to some are low in comparison with the reality.

Brzwolf t1_itetln9 wrote on October 23, 2022 at 2:37 AM

>The black market estimates are added by every country when counting GDP, besides that the Italian black market estimates according to some are low in comparison with the reality.

Its all relative, the U.S likely has far more 'other' then the UK or france do on their own but the U.S is also a massive powerhouse in industry and services so 'other' could easily make up a smaller % of its bar.