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$, 2025)		 Informal Economy
% of GDP		 World Economics
Grade
A-E
Afghanistan 1 134.05 73.3% E
Zimbabwe 2 79.26 64.3% E
Nigeria 3 1,488.55 57.4% E
Myanmar 4 261.11 52.6% E
Nicaragua 5 42.80 51.2% E
Benin 6 45.91 51.1% E
Bolivia 7 109.71 50.5% E
Georgia 8 71.08 50.0% E
Panama 9 125.38 49.2% E
Cambodia 10 87.03 49.1% E
Haiti 11 25.51 48.5% E
Azerbaijan 12 161.51 47.8% E
Central African Republic 13 5.61 47.6% E
Gabon 14 48.77 47.2% E
Paraguay 15 84.22 47.1% E
Peru 16 400.69 46.7% E
Guatemala 17 163.20 46.5% E
Tanzania 18 191.10 45.1% E
Congo, Rep. 19 35.35 44.7% E
Congo, Dem. Rep 20 140.85 44.4% E
Gambia 21 6.56 43.8% E
Honduras 22 52.22 43.6% E
Ukraine 23 398.89 43.4% E
Thailand 24 978.84 42.7% E
Niger 25 35.85 41.8% E
Armenia 26 38.21 41.4% E
Chad 27 26.59 41.1% E
Uruguay 28 68.37 41.1% E
Angola 29 221.75 41.0% E
Liberia 30 6.35 40.3% E
Zambia 31 57.81 40.3% E
Tajikistan 32 28.83 39.6% D
Madagascar 33 39.63 39.3% D
Comoros 34 1.75 39.2% D
Eswatini 35 9.32 39.1% D
Sierra Leone 36 11.00 38.1% D
Moldova 37 21.19 37.1% D
Sudan 38 82.72 37.1% D
Senegal 39 53.61 36.8% D
Cote d'Ivoire 40 131.20 36.4% D
Kazakhstan 41 378.53 36.3% D
El Salvador 42 40.07 36.2% D
North Macedonia 43 22.16 36.2% D
Sri Lanka 44 152.28 36.0% D
Ghana 45 142.20 35.9% D
Burundi 46 7.67 35.3% D
Tunisia 47 73.85 34.7% D
Belarus 48 125.81 34.6% D
Turkmenistan 49 46.79 34.4% D
Philippines 50 629.02 34.2% D
Kenya 51 180.98 34.0% D
Brazil 52 1,864.81 33.3% D
Ecuador 53 122.49 33.3% D
Suriname 54 5.81 33.2% D
Pakistan 55 675.59 32.8% D
Guinea 56 33.52 32.7% D
Guinea-Bissau 57 2.66 32.5% D
Papua New Guinea 58 22.63 32.4% D
Ethiopia 59 200.92 32.3% D
Mozambique 60 28.15 32.3% D
Serbia 61 82.41 32.2% D
Bosnia and Herzegovina 62 28.57 32.1% C
Libya 63 65.69 32.1% C
Malawi 64 17.88 32.1% C
Uganda 65 74.80 32.1% D
Togo 66 13.59 31.4% C
Cabo Verde 67 2.17 30.9% C
Kyrgyzstan 68 19.77 30.9% C
Burkina Faso 69 30.01 30.7% C
Jamaica 70 13.27 30.7% C
Mexico 71 1,255.71 30.6% C
Mali 72 35.89 30.5% C
Croatia 73 66.12 30.3% C
Lebanon 74 24.32 30.3% C
Brunei 75 16.90 30.2% C
Lesotho 76 2.90 30.1% C
Bulgaria 77 86.61 29.7% C
Argentina 78 533.17 29.6% C
Colombia 79 392.75 29.6% C
Türkiye 80 1,190.41 29.5% C
Trinidad and Tobago 81 18.41 29.4% C
Algeria 82 247.40 29.2% C
Dominican Republic 83 108.86 29.1% C
Egypt 84 881.57 29.0% C
Cameroon 85 64.45 28.9% C
Rwanda 86 20.35 28.9% C
Malta 87 12.67 28.7% C
Mauritania 88 14.69 28.6% C
Botswana 89 21.12 28.5% C
Nepal 90 72.59 28.5% C
Uzbekistan 91 130.31 28.4% C
Albania 92 19.08 28.1% C
Morocco 93 125.26 27.4% C
Guyana 94 41.27 27.3% B
Bangladesh 95 593.89 27.2% B
Costa Rica 96 50.09 27.2% B
India 97 5,928.12 27.1% B
Romania 98 278.00 26.8% B
Malaysia 99 475.20 26.7% B
Namibia 100 12.99 26.7% B
Yemen, Rep. 101 16.08 26.7% B
Bahamas, The 102 5.34 26.6% B
Russia 103 1,998.87 26.0% B
South Africa 104 322.27 24.9% B
Cyprus 105 15.30 24.5% B
Hungary 106 120.39 23.9% B
Bhutan 107 4.87 23.7% B
Korea, Rep. 108 786.91 23.3% B
United Arab Emirates 109 226.10 23.2% B
Indonesia 110 1,430.66 23.0% B
Laos 111 22.31 22.9% B
Estonia 112 16.18 22.8% B
Greece 113 107.78 22.4% B
Slovenia 114 28.37 21.9% B
Poland 115 454.23 21.7% B
Mauritius 116 9.79 21.6% B
Vietnam 117 468.86 21.5% B
Saudi Arabia 118 595.38 21.4% B
Chile 119 157.27 21.2% B
Italy 120 801.04 21.1% B
Lithuania 121 35.25 20.9% B
Latvia 122 18.50 20.7% B
Spain 123 576.13 20.2% B
Taiwan 124 322.61 19.7% B
Belgium 125 171.98 18.8% A
Kuwait 126 57.26 18.6% A
Portugal 127 95.29 17.6% A
Oman 128 42.66 17.4% A
Israel 129 98.67 17.2% A
Mongolia 130 13.84 16.7% A
Bahrain 131 20.14 16.1% A
Qatar 132 64.63 16.1% A
France 133 703.24 15.8% A
Czechia 134 97.46 15.7% A
Jordan 135 21.29 14.9% A
Hong Kong 136 87.29 14.7% A
Slovak Republic 137 34.39 13.7% A
Finland 138 50.73 13.6% A
Norway 139 73.57 12.9% A
Iceland 140 3.79 12.7% A
Sweden 141 99.39 12.6% A
China 142 5,314.07 12.3% A
Australia 143 216.35 11.9% A
Denmark 144 57.99 11.7% A
Canada 145 295.02 11.5% A
Ireland 146 77.30 11.1% A
United Kingdom 147 455.03 10.8% A
Singapore 148 90.84 10.6% A
Germany 149 601.08 10.4% A
Japan 150 657.11 10.3% A
New Zealand 151 29.15 10.1% A
Netherlands 152 130.57 9.4% A
Luxembourg 153 9.36 9.3% A
Austria 154 47.29 7.4% A
United States 155 2,015.89 7.3% A
Switzerland 156 55.64 6.9% A


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






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