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>Most of the economy is informal, it's estimated to exceed 60% of their economy. Highly doubt it, would like to see a source for that. Edit: Found it, 40% [1]
by moralestapia 5y ago
>Most of the economy is informal, it's estimated to exceed 60% of their economy.
Highly doubt it, would like to see a source for that.
Edit: Found it, 40% [1], I'm honestly surprised, that's waaaay higher than I thought it'd be.
1:https://www.worldeconomics.com/Informal-Economy/El%20Salvador.aspx https://www.worldeconomics.com/Informal-Economy/El%20Salvado...
- notch656a 5y agoYes it exceeds 60% of the labor force [0] but you're right, it may not reach 60% of GDP. It can be difficult to measure informal economy. [0] https://www.statista.com/statistics/1039952/informal-employment-share-el-salvador/#:~:text=The%20share%20of%20employment%20informality,highest%20levels%20of%20informal%20employment https://www.statista.com/statistics/1039952/informal-employm....