Economies by Informal Economy Size

An informal economy (informal sector or shadow economy) is the part of any economy that is neither offically taxed nor monitored. Read more about the World Economic Informal Economy database.

The table below shows the size of each country’s informal economy as a percentage of GDP, ranked by largest to smallest.






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Country Rank
Order		 Informal Economy
(GDP PPP, Billions Int$, 2023)		 Informal Economy
% of GDP		 World Economics
Grade
A-E
Afghanistan 1 0.00 73.5% E
Zimbabwe 2 0.00 64.7% E
Nigeria 3 0.00 57.9% E
Haiti 4 0.00 55.5% E
Bolivia 5 0.00 54.6% E
Nicaragua 6 0.00 53.0% E
Panama 7 0.00 51.6% E
Gabon 8 0.00 51.2% E
Myanmar 9 0.00 49.4% E
Benin 10 0.00 49.3% E
Guatemala 11 0.00 49.2% E
Congo, Dem. Rep 12 0.00 48.5% E
Tanzania 13 0.00 47.0% E
Paraguay 14 0.00 46.5% E
Georgia 15 0.00 46.4% E
Honduras 16 0.00 46.4% E
Thailand 17 0.00 46.4% E
Central African Republic 18 0.00 44.8% E
Gambia 19 0.00 44.1% E
Ukraine 20 0.00 43.6% E
Liberia 21 0.00 42.8% E
Peru 22 0.00 42.0% E
Cambodia 23 0.00 41.2% E
El Salvador 24 0.00 41.2% E
Moldova 25 0.00 40.8% E
Cote d'Ivoire 26 0.00 40.7% E
Eswatini 27 0.00 40.7% E
Congo, Rep. 28 0.00 39.8% E
Angola 29 0.00 39.5% E
Armenia 30 0.00 39.4% E
Guinea 31 0.00 39.1% E
Zambia 32 0.00 38.2% E
Russia 33 0.00 37.8% D
India 34 0.00 37.6% D
Senegal 35 0.00 37.6% D
Belarus 36 0.00 37.5% D
Ecuador 37 0.00 37.3% D
Sierra Leone 38 0.00 37.1% D
Tajikistan 39 0.00 36.9% D
Azerbaijan 40 0.00 36.7% D
Burundi 41 0.00 36.6% D
Madagascar 42 0.00 36.5% D
Niger 43 0.00 36.4% D
Comoros 44 0.00 36.3% D
Sudan 45 0.00 36.0% D
Guinea-Bissau 46 0.00 35.9% D
Ghana 47 0.00 35.7% D
Pakistan 48 0.00 35.7% D
Egypt 49 0.00 35.0% D
Papua New Guinea 50 0.00 34.9% D
Turkmenistan 51 0.00 34.9% D
Libya 52 0.00 34.6% D
Chad 53 0.00 34.5% D
Philippines 54 0.00 34.5% D
Uganda 55 0.00 34.3% D
Dominican Republic 56 0.00 34.1% D
Ethiopia 57 0.00 34.0% D
Mozambique 58 0.00 33.9% D
North Macedonia 59 0.00 33.8% D
Bosnia and Herzegovina 60 0.00 33.3% D
Jamaica 61 0.00 33.3% D
Nepal 62 0.00 33.3% D
Mali 63 0.00 33.2% D
Brazil 64 0.00 33.1% C
Colombia 65 0.00 33.1% C
Burkina Faso 66 0.00 33.0% C
Kenya 67 0.00 33.0% C
Suriname 68 0.00 32.8% C
Albania 69 0.00 32.5% C
Morocco 70 0.00 31.8% C
Uruguay 71 0.00 31.8% C
Kazakhstan 72 0.00 31.7% C
Cabo Verde 73 0.00 31.6% C
Lebanon 74 0.00 31.5% C
Serbia 75 0.00 31.5% C
Trinidad and Tobago 76 0.00 31.5% C
Rwanda 77 0.00 31.4% C
Mauritania 78 0.00 31.3% C
Sri Lanka 79 0.00 31.3% C
Kyrgyzstan 80 0.00 31.2% C
Türkiye 81 0.00 31.2% C
Lesotho 82 0.00 31.0% C
Malawi 83 0.00 30.8% C
Bangladesh 84 0.00 30.6% C
Tunisia 85 0.00 30.4% C
Bahamas, The 86 0.00 30.3% C
Argentina 87 0.00 30.0% C
Cameroon 88 0.00 30.0% C
Croatia 89 0.00 29.9% C
Brunei 90 0.00 29.5% C
Togo 91 0.00 29.5% C
Guyana 92 0.00 29.4% C
Mexico 93 0.00 29.3% C
South Africa 94 0.00 28.7% C
Malta 95 0.00 28.2% B
Bulgaria 96 0.00 28.1% B
Uzbekistan 97 0.00 27.7% B
Laos 98 0.00 27.6% B
Cyprus 99 0.00 27.4% B
Yemen, Rep. 100 0.00 27.1% B
Greece 101 0.00 27.0% B
Costa Rica 102 0.00 26.8% B
Botswana 103 0.00 26.5% B
Malaysia 104 0.00 25.3% B
Latvia 105 0.00 25.1% B
Namibia 106 0.00 24.7% B
Slovenia 107 0.00 24.2% B
Italy 108 0.00 24.0% B
Romania 109 0.00 23.9% B
Hungary 110 0.00 23.4% B
Bhutan 111 0.00 23.1% B
Korea, Rep. 112 0.00 23.0% B
Indonesia 113 0.00 22.6% B
Saudi Arabia 114 0.00 22.6% B
Estonia 115 0.00 22.5% B
Poland 116 0.00 22.5% B
Taiwan 117 0.00 22.5% B
Lithuania 118 0.00 21.8% B
Spain 119 0.00 21.5% B
Israel 120 0.00 21.0% B
Vietnam 121 0.00 20.9% B
Portugal 122 0.00 20.5% B
Mauritius 123 0.00 20.4% B
United Arab Emirates 124 0.00 20.4% B
Kuwait 125 0.00 20.0% B
Oman 126 0.00 19.6% A
Chile 127 0.00 19.3% A
Belgium 128 0.00 19.2% A
Algeria 129 0.00 17.3% A
Bahrain 130 0.00 17.2% A
Jordan 131 0.00 16.9% A
Qatar 132 0.00 16.4% A
Norway 133 0.00 15.6% A
Denmark 134 0.00 15.3% A
Mongolia 135 0.00 15.1% A
Slovak Republic 136 0.00 14.9% A
Finland 137 0.00 14.7% A
Czechia 138 0.00 14.6% A
Iceland 139 0.00 14.1% A
Hong Kong 140 0.00 13.8% A
Sweden 141 0.00 13.5% A
France 142 0.00 13.2% A
Ireland 143 0.00 12.6% A
China 144 0.00 12.5% A
Canada 145 0.00 11.3% A
Germany 146 0.00 11.2% A
Singapore 147 0.00 10.4% A
New Zealand 148 0.00 10.1% A
United Kingdom 149 0.00 10.1% A
Luxembourg 150 0.00 10.0% A
Netherlands 151 0.00 10.0% A
Australia 152 0.00 9.8% A
Japan 153 0.00 9.6% A
Austria 154 0.00 8.8% A
Switzerland 155 0.00 7.5% A
United States 156 0.00 7.3% A


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Category definitions:
         A: Very good
         B: Good
         C: Average
         D: Poor
         E: Very poor






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