KYIV, June 21 - The level of shadow economy in Ukraine in 2017 decreased to 31% of GDP, falling by 4 percentage points compared to the figure of 2016, the Ministry of Economic Development and Trade reported.

"All the methods that were used to assess the level of shadow economy showed a decrease in the level compared to 2016," the ministry said.

According to the ministry, the de-shadowing of the economy last year was a consequence, in particular, of reducing investment risks against the backdrop of relative macro-finance stability and the continuation of economic reforms.