Value of illicit trade in goods
~Q14.2 billion (3.6% of GDP), range Q11.2–17.2 billion
2012FUNDESA/CACIFThe most cited estimate comes from the FUNDESA-CACIF study of July 2014: an annual fiscal loss from smuggling (as evasion) of up to Q5,900 million, equivalent to US$755 million, around 1.6% of current GDP; the same study put the value of illicit trade in goods in 2012 at ~Q14.2 billion (3.6% of GDP) in the likely scenario, within a range of Q11.2-17.2 billion. The comparison with ministerial budgets that had been circulating does not appear in the study and was removed. CONACON calculates losses of no less than US$1,600 million a year.
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- Annual fiscal loss to smuggling
Up to Q5,900 M ≈ US$755 M (~1.6% of GDP)
2014 estimateFUNDESA/CACIF - Q1,400 M per yearNo year givenNote Apr 2022CODECOF/CIG-CABI
