Informal Economy Database

Data source: The World Bank Group

Description:

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 1990-2018 and includes the twelve most commonly used measures of informal economy.

Last updated by source: 2021-08-31

Dataset type:	Time-Series
Dataset level:	Country

Citation:

When using this dataset, please cite as:

• Elgin, C., Kose, M. A., Franziska Ohnsorge, & Yu, S. (2021). Understanding informality. CEPR Discussion Paper, 16497.

    @article{ied1,
 author = {Elgin, Ceyhun and Mehmet Akif Kose and Franziska Ohnsorge, and Shu Yu},
 journal = {CEPR Discussion Paper},
 publisher = {Centre for Economic Policy Research, London},
 title = {Understanding Informality},
 volume = {16497},
 year = {2021}
}

Variables in this dataset:

DGE Model-based Informal Output

QoG Code: ied_dge

Dynamic General Equilibrium (DGE) model-based estimates of informal output.

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MIMIC Model-based Informal Output

QoG Code: ied_mimic

Multiple Indicators Multiple Causes (MIMIC) model-based estimates of informal output.

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