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No. 25 Biggest Shadow Economy: Philippines (tie)


No. 25 Biggest Shadow Economy: Philippines (tie)

Percent of GDP in Shadow Economy: 48.4
Official GDP: $324.8 billion

Population: 99,900,177
Labor Force by Occupation:
Agriculture: 34%
Industry: 15%
Services: 51%

Industries: electronics assembly, garments, footwear, pharmaceuticals, chemicals, wood products, food processing, petroleum refining, fishing

Exports: semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits