Measuring the Informal Economy

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, p...

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Bibliographic Details
Main Author: Quiros-Romero, Gabriel
Other Authors: Alexander, Thomas, Ribarsky, Jennifer
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2021
Series:Policy Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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.
Physical Description:38 pages
ISBN:9781513568249