Results 1 to 3 of 3
 0 Attachment(s)    

Thread: Spain gets a higher GDP due to prostitution and drug traffic

  1. #1
    Senior Member fxtester's Avatar
    Join Date
    Nov 2008
    Posts
    3,165

    Default Spain gets a higher GDP due to prostitution and drug traffic

    A growth of 9 billions euros!

    - Drugs and sex trade lift Spain's GDP by ‚‚¨9 billion - The Local

    In 2011, Spain had 300 000 prostitutes.
    Last edited by fxtester; 09-25-2014 at 19:18.

  2. #2
    Banned
    Join Date
    Jan 2015
    Posts
    25

    Default

    Prostitution, drug trafficking and other illegal activities have finally been included in Spainís gross domestic product, boosting it by 9 billion euros according to the latest statistics.

    Latest data from the National Statistics Institute (INE) reveals the drug trade, prostitution, illegal weapon sales and gambling contributed some Ä9 billion, or 0.87 percent of countryís total GDP in 2013. The new figures show that drug trafficking comprised 0.5 percent of GDP while illegal sex trade made up 0.35 percent of the new total.

  3. #3
    Banned
    Join Date
    Jan 2015
    Posts
    25

    Default

    Prostitution, drug trafficking and other illegal activities have finally been included in Spainís gross domestic product, boosting it by 9 billion euros according to the latest statistics.

    Latest data from the National Statistics Institute (INE) reveals the drug trade, prostitution, illegal weapon sales and gambling contributed some Ä9 billion, or 0.87 percent of countryís total GDP in 2013. The new figures show that drug trafficking comprised 0.5 percent of GDP while illegal sex trade made up 0.35 percent of the new total.

    Overall, the recalculated figures increased Spainís GDP by Ä26.2 billion to Ä1.05 trillion, reducing countryís debt ratio of 98.9 percent to 96.4 percent, according to the Bank of Spain. The remaining increase to GDP was generated from the contributions of research and development and military armament.

Similar Threads

  1. Higher Forex Rebates at Yadix Forex Broker
    By YADIX ECN/STP Broker in forum Brokers
    Replies: 0
    Last Post: 10-21-2013, 09:08
  2. Placing Trade on Higher Timeframe
    By v4vendetta in forum MQL programming
    Replies: 0
    Last Post: 06-21-2009, 18:13

Tags for this Thread

2011, add, research, sales

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •