Abstract

The purpose of the study is to analyze the scale of development of the shadow economy in the construction sector during the pandemic. The article presents the dynamics of shadow financial transactions in the construction industry in the period 2020-2021. The scientific novelty lies in forecasting the development potential of the shadow economy in a pandemic, including the construction sector of the economy. As a result, it was revealed that in the structure of the branches of the Russian economy that formed the demand for shadow financial services during the pandemic, the construction sector is in the first place. An analysis of the growth rates of construction works in 2020-2021 showed that anti-pandemic restrictive measures still slowed down the positive dynamics in the construction sector. Reducing the volume of the shadow economy in the construction sector must be carried out comprehensively, including, on the one hand, identifying the benefits of leaving the "shadow sector", while improving, on the other hand, official institutions.