Understanding informality through new data
worldbank.org (17.01.2023) The informal business sector is a source of livelihood for millions of people around the world. Despite its size and importance, business-level data that provide an in-depth understanding and cross-country analysis of the sector are lacking. To fill this gap, the World Bank has collected comprehensive data based on a representative sample of informal businesses using an innovative survey methodology. A recent working paper provides insights on businesses that operate without formal registration.