For 2021, the Light Economy Composite Index has a value of 78.40, while in 2000 its value was 77.49.
The sub-index "Employment of light" for 2021 was 82.08, and for 2020 it was 77.96, Prof. Dr. Stefan Petranov, head of the team that created the composite index and the sub-index "Employment of light" announced at a press conference ".
According to him, the lightening of the labor market is to a greater extent.
The "gray sector" is a prerequisite for corrupt practices, it procures funds for such practices, and when those who profit not the most prepared, the most hardworking, enterprising and innovative, but those who use fraud, the whole society loses, commented Vasil Velev. chairman of the Board of Directors of AIKB.
The gray sector also leads to management failures, he added.
Velev pointed out that the most direct and visible damage is the damage to the treasury, and according to him, the amounts with which this damage occurs over the years are gradually decreasing, but it is still a significant amount.
In 2010, when we started calculating the KIIS, its value was 63.35 percent, respectively, the gray sector was 36.65 percent.
In ten years, the economy has "brightened" by 15 percentage points, and the one that is in its gray part is 21.6 percent,
According to him, this level is still above the average for the EU, and the Association's efforts will be to reduce it by another 6-7 percentage points, so that it becomes permanently below 15 percent, thus placing the country in the "golden environment". .
These 7 percentage points, passing through the gross domestic product (GDP) and 35 percent of tax and social security revenues, are more than BGN 4 billion per year, Velev calculated.
For the period 2010, when the Association started calculating this index, until 2021, the KIIS shows a steady upward trend from 63.35 to 78.40.
Exceptions to this trend are the years 2014 and 2020, when the index recorded a decline compared to 2013 and 2019, respectively, and these declines were temporary - only for one year, said Prof. Dr. Stefan Petranov.
He highlighted the impact of the crises on the "graying" of the economy, recalling that 2014 was marked by the KTB crisis and political tension at the time, and 2020 was marked by the covid crisis, which was expressed in a drop in GDP of the order of at 4 percent.
Outside of these crisis years, there is a lightening trend in our economy that is long-term and stable, the scientist said.
However, he warned that in years of crisis, one can expect
that there will be a tendency to apply gray practices to a greater extent, which, according to the scientist, is somewhat inevitable and is not something specific to Bulgaria, and is also a somewhat natural reaction of the economy when it falls into crisis.
For this reason, according to the scientist, it is important that the government's anti-crisis measures are well-targeted and well-designed, in order to stimulate the exit of companies into the "light", as happened with the "60 by 40" measure.
Among the leading sectors in terms of the share of the gray economy are still "services" with direct contact with customers, "restaurants", "hotels", "construction", "agriculture".
The highest reported values in some of these sectors exceed 40 percent, the scientist noted.
Regarding the gray practices of the labor market, the scientist pointed out that the sub-index takes into account that in the main job, more contracts are officially concluded and they are to a greater extent for the full payment, as there are no "salaries in an envelope".
However, this is not the case with the additional second work, where the picture deteriorates.
The political crisis in the country also has its impact on the size of the "gray" sector, but the effect will be reported next year, Prof. Dr. Stefan Petranov also commented.
Velev supported the scientist's thesis, pointing out that populism contributes to the growth of the "gray sector", because in the constant pre-election situation, in a race for voters' votes, solutions are proposed in the short term, which, however, are harmful in the medium and long term, but sound well "from today to tomorrow".