Long abstract

Publications & Documents

The Non-Observed Economy (NOE) comprises all the activities that are often left out of National Accounts. These activities fall under five categories, namely: (i) Underground production (economic underground); (ii) Illegal production; (iii) Informal production; (iv) Household Production for own Final Use; and (v) omissions due to deficiencies in the data collection systems (statistical underground).

The workshop was jointly organized by the Organisation for Economic Co-operation and Development (OECD), United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and Asian Development Bank (ADB) and its objective was to establish a dialogue on current best practices in measuring the NOE and in the compilation of exhaustive estimates of GDP.