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 1 121.83 73.5% E
Zimbabwe 2 91.17 60.1% E
Nigeria 3 2,129.06 55.3% E
Myanmar 4 238.26 50.1% E
Central African Republic 5 6.02 49.9% E
Benin 6 43.99 49.1% E
Haiti 7 25.34 48.7% E
Bolivia 8 103.66 47.2% E
Congo, Dem. Rep 9 168.09 46.9% E
Nicaragua 10 37.25 46.3% E
Georgia 11 65.72 46.1% E
Cambodia 12 108.90 45.5% E
Niger 13 39.78 45.0% E
Tanzania 14 193.26 45.0% E
Burkina Faso 15 47.86 44.7% D
Guatemala 16 151.37 43.7% E
Peru 17 370.27 43.2% E
Gambia 18 6.61 43.1% E
Gabon 19 34.69 42.3% E
Madagascar 20 43.21 42.1% E
Azerbaijan 21 137.74 42.0% E
Paraguay 22 73.23 41.8% E
Liberia 23 6.62 41.5% E
Chad 24 34.58 41.2% E
Honduras 25 44.76 41.0% E
Congo, Rep. 26 30.99 40.5% E
Sudan 27 85.80 40.2% E
Panama 28 94.76 40.0% E
Comoros 29 1.75 39.9% E
Burundi 30 9.90 39.6% E
Sierra Leone 31 18.02 39.4% E
Ukraine 32 325.09 39.4% E
Thailand 33 858.42 38.6% E
Tajikistan 34 27.89 38.3% D
Zambia 35 55.72 38.0% D
Angola 36 252.15 37.7% D
Ethiopia 37 243.94 37.2% D
Guinea-Bissau 38 3.78 37.0% D
Armenia 39 32.16 36.8% D
Mozambique 40 31.91 36.2% D
Guinea 41 38.90 36.1% D
Senegal 42 52.57 35.9% D
Uruguay 43 56.48 35.6% D
Kenya 44 192.48 35.4% D
Cote d'Ivoire 45 128.89 35.3% D
Eswatini 46 8.02 35.3% D
Ghana 47 145.31 35.0% D
Mali 48 41.16 34.8% D
Malawi 49 19.18 34.0% D
North Macedonia 50 20.84 34.0% D
El Salvador 51 36.43 33.8% D
Suriname 52 5.96 33.8% D
Moldova 53 18.30 33.6% D
Pakistan 54 702.23 33.5% D
Turkmenistan 55 63.98 33.5% D
Belarus 56 119.53 33.1% D
Uganda 57 79.27 33.1% D
Kazakhstan 58 337.65 32.8% D
Papua New Guinea 59 23.18 32.7% D
Ecuador 60 114.22 32.5% D
Philippines 61 592.79 32.5% D
Jamaica 62 14.79 32.3% D
Sri Lanka 63 139.81 32.2% D
Lesotho 64 3.30 32.0% C
Togo 65 14.47 31.8% C
Cameroon 66 72.54 31.7% C
Tunisia 67 66.26 31.6% C
Serbia 68 84.47 31.3% C
Nepal 69 75.00 31.1% C
Cabo Verde 70 2.20 31.0% C
Bosnia and Herzegovina 71 26.85 30.7% C
Kyrgyzstan 72 21.44 30.7% C
Albania 73 20.57 29.8% C
Brazil 74 1,649.01 29.8% C
Uzbekistan 75 154.69 29.7% C
Rwanda 76 21.75 29.5% C
Libya 77 47.92 28.8% C
Lebanon 78 22.75 28.7% C
Botswana 79 20.59 28.6% C
Bangladesh 80 617.84 28.3% C
Mexico 81 1,122.69 28.3% C
Colombia 82 360.51 28.1% C
Laos 83 28.67 28.1% C
Algeria 84 266.77 27.9% C
Dominican Republic 85 102.47 27.6% C
Morocco 86 129.29 27.6% C
Bhutan 87 5.81 27.4% C
Mauritania 88 14.72 27.4% C
Egypt 89 820.90 27.1% C
Argentina 90 457.94 26.9% C
India 91 5,306.53 26.7% C
Türkiye 92 1,064.05 26.5% C
Bulgaria 93 72.65 25.6% B
Namibia 94 12.43 25.6% C
Yemen, Rep. 95 15.46 25.6% C
Romania 96 255.02 25.5% B
Trinidad and Tobago 97 15.30 25.4% B
Russia 98 1,940.86 25.2% B
Guyana 99 21.95 24.5% B
Malaysia 100 432.78 24.5% B
South Africa 101 319.15 24.4% B
Costa Rica 102 43.03 24.2% B
Croatia 103 50.98 24.1% B
Indonesia 104 1,493.62 23.7% B
Brunei 105 12.87 23.5% B
Malta 106 10.55 23.1% B
Vietnam 107 513.99 22.9% B
Bahamas, The 108 4.40 22.6% B
Hungary 109 102.28 21.1% B
Greece 110 100.48 20.9% B
Mauritius 111 8.71 20.0% B
Korea, Rep. 112 694.81 19.9% B
Taiwan 113 324.44 19.8% B
Poland 114 398.14 19.5% B
Estonia 115 13.22 19.3% B
Lithuania 116 31.60 19.0% B
Cyprus 117 11.80 18.8% B
Chile 118 133.85 18.5% B
Slovenia 119 23.29 18.5% B
Latvia 120 15.65 18.4% B
United Arab Emirates 121 175.32 18.4% B
Italy 122 670.31 18.0% B
Saudi Arabia 123 479.42 17.6% B
Spain 124 490.57 17.2% B
Mongolia 125 13.88 16.6% B
Belgium 126 135.06 15.4% A
Jordan 127 22.46 15.4% A
Kuwait 128 49.55 15.4% A
Oman 129 37.91 15.1% A
Israel 130 82.99 14.9% A
Hong Kong 131 86.44 14.7% A
Portugal 132 76.66 14.5% A
Slovak Republic 133 35.24 13.9% A
Czechia 134 84.01 13.8% A
Bahrain 135 16.86 12.9% A
France 136 551.98 12.9% A
Qatar 137 50.09 12.6% A
China 138 5,105.26 12.1% A
Norway 139 65.03 11.3% A
Finland 140 38.90 10.9% A
Australia 141 194.38 10.5% A
Sweden 142 78.25 10.4% A
Iceland 143 2.96 10.1% A
Ireland 144 71.45 9.9% A
Germany 145 544.49 9.5% A
Canada 146 244.80 9.4% A
Japan 147 594.64 9.4% A
New Zealand 148 27.01 9.3% A
Singapore 149 81.45 9.1% A
United Kingdom 150 361.89 9.0% A
Denmark 151 41.03 8.7% A
Netherlands 152 112.85 8.1% A
Luxembourg 153 7.72 8.0% A
Austria 154 41.62 6.6% A
United States 155 1,814.49 6.5% A
Switzerland 156 48.62 6.1% A


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