5th Meeting, Group of Experts on National Accounts…

It will facilitate the implementation of the 2008 System of National Accounts (SNA) and related international statistical standards through the promotion of best practices, contributions to the development of recommendations and methodological materials, and support to capacity building activities in national accounts.

III.

Session 3. Informal and non-observed economy
Organisers: Jennifer Ribarsky (IMF) and UNECE

The 21st ICLS resolution concerning statistics on the informal economy
Michael Frosch (ILO)

Moderator: 2025 SNA informal economy framework

• Measurements of the informal economy by economic activity and the sectorization of the Household Sector based on the SNA 2025: formality and informality (Francisco Guillen and Fernando Pineda, INEGI, Mexico)
• A Deep Dive into Costa Rica's Informal Economy (Henry Vargas Campos, Central Bank of Costa Rica)

Discussion

Application of the employment method for exhaustiveness of GDP estimates: practical guidelines for enhanced comparability between countries
Guihong Chi (Eurostat)

The non-observed economy in the national accounts: "to be or not to be" on the agenda of national accountants, policymakers and academics
Alexandra Fernandes and Jozef Pacolet (HIVA - Research Institute for Work and Society, KU Leuven)

Discussion

Measuring illicit financial flows in national accounts: exploring concepts for application in satellite accounts
Federico Sallusti (ISTAT), Bojan Nastav and Diana Camerini (UNCTAD)

Estimate of the non-observed economy – experience of the Russian Federation
Kirill Alekseev and Dmitry Kenchadze (Federal State Statistics Service, Russian Federation)

Discussion