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

The correct answer reflects a range that aligns with various studies and reports from reputable organizations like the International Monetary Fund, which indicate that a significant portion of the global economy is affected by money laundering activities. The estimate of 2-5% of the world’s gross domestic product (GDP) translates to an enormous amount of money that is laundered globally, underscoring the pervasive nature of this financial crime.

Choosing this range highlights the understanding that while money laundering is a substantial issue, not all illicit funds contribute to GDP in a straightforward way, hence the moderate estimate. Studies suggest that the scale of money laundering can fluctuate based on factors such as changes in governance, implementation of anti-money laundering (AML) measures, and economic conditions, making the 2-5% estimate a reasonable assertion given the complexities involved. This knowledge is essential for anyone studying money laundering as it contextualizes the financial and economic implications of these illegal activities on a global scale.