The Informal Economy Is 40% of GDP in Emerging Markets โ and Growing
Street vendors, gig workers and micro-enterprises run the real economy. Digital rails are finally counting them.
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Informal is not unbanked, it is unmeasured
In many emerging markets, informal activity dominates employment and output. The problem is measurement: businesses without ledgers are invisible to credit and tax systems alike.
Digital payments change the ledger itself โ every transaction becomes data, which is why fintech credit to informal firms is the fastest-growing lending segment.
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