Measuring the Informal Economy

Gabriel Quiros-Romero, Thomas Alexander and Jennifer Ribarsky

No 2021/002, IMF Policy Papers from International Monetary Fund

Abstract: This paper proposes a framework for measuring the informal economy that is consistent with internationally agreed concepts and methodology for measuring GDP. Based on the proposed framework, the informal economy “comprises production of informal sector units, production of goods for own final use, production of domestic workers, and production generated by informal employment in formal enterprises.” This proposed framework will facilitate preparation of estimates of the informal economy as a component of GDP.

Keywords: PP; enterprise survey; household enterprise; registration record; enterprise unit; food establishment; construction company; Informal economy; Informal employment; Income; Employment; Global (search for similar items in EconPapers)
Pages: 38
Date: 2021-02-02
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