New EU rules want countries to try to include all economic activity- legal and illegal.
Drug trafficking, prostitution revenue set to boost Italy's GDP result
Posted Fri 23 May 2014, 1:35pm AEST
Italy has announced it will start including estimated revenues from prostitution and illegal drug sales in official gross domestic product (GDP) figures.
The country's National Institute of Statistics says starting next year, the GDP result will also include estimates on the value of the black market in cigarettes and alcohol.
The move has been driven by new European Union rules requiring nations to include all activities that produce income in their national accounts, regardless of their legality.
The institute says the procedure would be it will be "very difficult for the obvious reason that these illegal activities are not reported".