Comoros: Shadow economy

* indicates monthly or quarterly data series
 Comoros

Shadow economy, percent of GDP

 Latest value 40.92
 Year 2015
 Measure percent
 Data availability 1991 - 2015
 Average 39.11
 Min - Max 35.79 - 43.22
 Source Medina and Schneider (2018)
The latest value from 2015 is 40.92 percent, an increase from 36.44 percent in 2014. In comparison, the world average is 27.78 percent, based on data from 158 countries. Historically, the average for the Comoros from 1991 to 2015 is 39.11 percent. The minimum value, 35.79 percent, was reached in 1992 while the maximum of 43.22 percent was recorded in 1998. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Comoros - Shadow economy - Recent values chart

Historical series
Comoros - Shadow economy - historical chart - 1991-2015




Definition: The shadow economy as percent of total annual GDP. Detailed methodology of the estimations can be obtained from the following International Monetary Fund working paper by Leandro Medina and Friedrich Schneider (2018): Shadow Economies Around the World: What Did We Learn Over the Last 20 Years? The series are discontinued but can still serve as a benchmark in calibration exercises.

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 Government effectiveness -1.54 2023 points
 Control of corruption -0.99 2023 points
 Regulatory quality -1.24 2023 points
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 Corruption perceptions - Transparency International 20 2023 points
 Political rights 5 2024 points
 Civil liberties 4 2024 points
 Cost of starting a business 54.20 2019 percent of per capita GNI
 Shadow economy 40.92 2015 percent
 Informal economy, MIMIC method 37.10 2020 percent
 Informal economy, DGE method 41.10 2020 percent
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