According to the International Monetary Fund, what percentage of the world's gross domestic product is estimated to be related to money laundering?

The estimate that 2-5% of the world's gross domestic product (GDP) is related to money laundering reflects a significant concern about the scale of illicit financial flows. This range demonstrates the vast economic impact of money laundering activities across different countries and sectors.

When considering money laundering, this percentage helps highlight the complexities of financial crimes and the challenges they pose to global financial stability. It points to the need for effective regulatory frameworks and enforcement mechanisms to combat such illicit activities.

The range of 2-5% is grounded in research and assessments by various financial institutions, including the International Monetary Fund, which aims to provide insights and design policy interventions that can mitigate the risks associated with financial crimes. This estimate is a reminder of the magnitude of the issue and encourages stakeholders to take action to prevent and address the ramifications of money laundering on economies around the world.