The shadow economy nears 15-16% in Azerbaijan, as reported by the chairman of the State Statistical Committee of Azerbaijan Arif Veliyev.
![](http://www.today.az/pictures/pic41869.jpg)
According to him, the shadow economy previously stood at 18-20% but has lately fallen down to 15%.
A.Veliyev said the share of shadow economy experiences decline with the rise in oil production.
/Day.Az/