Shadow Economy Estimator

Estimate the size of informal economy in any country using proxy data and economic indicators. Understand the hidden economic activities that operate outside formal regulations.

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Country Selection

Proxy Indicators

Currency Demand

Weight: 25%

High cash usage indicates informal transactions

LowHigh

Electricity Gap

Weight: 20%

Discrepancy between reported and actual consumption

LowHigh

Cash Transactions

Weight: 20%

Percentage of transactions in cash

LowHigh

Employment Rate

Weight: 15%

Lower formal employment suggests informal sector

LowHigh

Corruption Index

Weight: 12%

Higher corruption correlates with shadow economy

LowHigh

Regulatory Burden

Weight: 8%

Complex regulations drive activity underground

LowHigh

Shadow Economy Estimate

Shadow Economy

35.8%

of GDP

Size in USD

$164.6B

billion

Formal Economy

64.2%

of GDP

Historical Trend

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