Measuring the Informal Economy

By Gabriel Quiros-Romero, Thomas F Alexander, Jennifer Ribarsky

February 2, 2021

Preview Citation

Format: Chicago

Gabriel Quiros-Romero, Thomas F Alexander, and Jennifer Ribarsky. Measuring the Informal Economy, (USA: International Monetary Fund, 2021) accessed November 21, 2024

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.

Subject: Economic sectors, Employment, Income, Informal economy, Informal employment, Labor, National accounts

Keywords: Construction company, Employment, Enterprise survey, Enterprise unit, Food establishment, Global, Household enterprise, Income, Informal economy, Informal employment, PP, Registration record

Publication Details

Pages:

38
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2021/002
Stock No:

PPEA2021002
ISBN:

9781513568249
ISSN:

2663-3493

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