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(size Estimation Of The Informal Economy In Algeria During The Period Of 1990-2017 (using Gutmann’s Simple Currency Ratio Approach

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Figure

Fig 2. Evolution of currency ratio and demand deposits ratio in Algeria  during the period 1990-2017
Fig 3. Evolution of GDP
Table 2. Simplified explanation of calculation  C  D  K=  C/D  I C  L C  V=  GDP/M1  IE =  IC * V  IE(%) = IE/PG D  2007  1284,5  2949,10  0,44  0,00  1284,50  2,21  0,00  0,00  2017  4716,9  5549,19  0,85  2299,9  2416,99  1,84  4235,6  22,40
Fig 4. The ratio of informal economy to official economy for the period  1990-2017

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