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Establishment base Informal Sector Statistics: An endeavor of measurement from Economic Census 2018 of Nepal (308161)

Keywords: informal sector, establishment, economic census, economic activity, registration

Nepal is committed to achieve the Sustainable Development Goals (SDGs) by 2030 via the development plans and programs at various levels. A robust statistical set-up base is a precondition to produce enhanced economic statistics towards supporting for achieving the global development agenda within the national scope. Informal sector activities are prevalent economic features of Nepalese economy like other developing or underdeveloped countries. The number and contribution of informal sector activities is substantial to mainly institutions, employment, production and income generation aspects. The informal sectors are not completely covered within the boundary of economic statistics in terms of its concept, definition and its’ measurement aspects in Nepal. Although country has envisioned to achieve the higher economic growth for the sustainable economic development, investment on economic statistical system need to be perceived as a sustained capital for the economic prosperity of the country. The informal sector represents a fundamental component of the economic structure of many developing countries. Informal sector establishments are a key form of organization of production and an important provider of employment and income opportunities in the country. As the informal economy is a prominent part of the local and national economy, it has been necessary to gauge its size and contribution in the total national economy. Hence, Central Bureau of Statistics (CBS) of Nepal conducted for the first-time establishment based Economic Census in 2018. The international standard industrial classification (ISICS) of all economic activities is the main basis of collecting the information of the establishments. The main criteria for identification of the informality of the economic units may be the registration status, account keeping and employment in the establishment. The economic census 2018 collected the information on the characteristics of establishments that determine th