Economics
The Economics of Informal Economies in Developing Countries
Quick fact
In some developing countries, the informal economy accounts for up to 70% of total employment, yet it is often excluded from GDP measurements.
Why this is interesting
Every day, street vendors, unregistered workshops, and app-based gig workers power cities around the world—yet they are invisible to official statistics. Why do they operate outside the law, and what drives this 'informal' economy?