Informal Economy Database: Difference between revisions

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(Created page with "= Summary = = Tables In IFs = {| class="wikitable" |+ !Variable !Definition !Last IFs Update !UsedInPreprocessor !UsedInPreprocessorFileName |- |GDPInformal%Elgin |Informal economy as % of GDP, from Elgin and Oztunali (2012) |4/4/2014 |1 |ECONOMY |- |GDPInformal%WBDGE |informal output (% of official GDP), dynamic general equilibrium model-based (DGE) estimates |12/22/2021 |0 | |- |GDPInformal%WBMIMIC |informal output (% of official GDP), multiple indicators multiple cau...")
 
 
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= Summary =
= Summary =
The World Bank’s Prospects Group has constructed a global database of informal economic activity. The database includes up to 196 economies over the period 1990-2020 and includes the 11 most commonly used measures of informal economy.
'''Output:'''
* Dynamic General Equilibrium (DGE) model-based estimates of informal output
* Multiple Indicators Multiple Causes (MIMIC) model-based estimates of informal output
'''Employment:'''
* Self-employment
* Informal employment
* Employment outside the formal sector
* Labor force without pension insurance
'''Perceptions:'''
* One indicator based on World Economic Forum (WEF)’s Executive Opinion surveys   
* Four indicators based on World Bank Enterprise Surveys of firms
* One indicator  based on World Value Surveys (WVS) of households
The database includes both indirect, model-based estimates (DGE- and MIMIC-based indicators) and direct measures gathered from labor force or expert, firm, or household opinion surveys.


= Tables In IFs =
= Tables In IFs =
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= Data Pulling Instructions =
= Data Pulling Instructions =
# Navigate to https://www.worldbank.org/en/research/brief/informal-economy-database
# Click "Informal economy data (Excel)"


= Data Notes =
= Data Notes =

Latest revision as of 16:45, 10 July 2025

Summary

The World Bank’s Prospects Group has constructed a global database of informal economic activity. The database includes up to 196 economies over the period 1990-2020 and includes the 11 most commonly used measures of informal economy.

Output:

  • Dynamic General Equilibrium (DGE) model-based estimates of informal output
  • Multiple Indicators Multiple Causes (MIMIC) model-based estimates of informal output

Employment:

  • Self-employment
  • Informal employment
  • Employment outside the formal sector
  • Labor force without pension insurance

Perceptions:

  • One indicator based on World Economic Forum (WEF)’s Executive Opinion surveys   
  • Four indicators based on World Bank Enterprise Surveys of firms
  • One indicator  based on World Value Surveys (WVS) of households

The database includes both indirect, model-based estimates (DGE- and MIMIC-based indicators) and direct measures gathered from labor force or expert, firm, or household opinion surveys.

Tables In IFs

Variable Definition Last IFs Update UsedInPreprocessor UsedInPreprocessorFileName
GDPInformal%Elgin Informal economy as % of GDP, from Elgin and Oztunali (2012) 4/4/2014 1 ECONOMY
GDPInformal%WBDGE informal output (% of official GDP), dynamic general equilibrium model-based (DGE) estimates 12/22/2021 0
GDPInformal%WBMIMIC informal output (% of official GDP), multiple indicators multiple causes model-based (MIMIC) estimates 12/22/2021 0
LaborInformal%WB Informal employment (% of total employment; International Labour Organization; hamonized series) 12/22/2021 0
LaborInformaSectorl%WB Employment outside the formal sector (% of total employment; International Labour Organization; hamonized series) 12/22/2021 0

Data Pulling Instructions

  1. Navigate to https://www.worldbank.org/en/research/brief/informal-economy-database
  2. Click "Informal economy data (Excel)"

Data Notes