Urban Informal Employment Share 2010

Colombia

In 2010, Colombia ranked #12 globally with an Urban Informal Employment Share of 68.07%. This figure is significantly higher than the average for Latin America, indicating a prevalent informal labor market. Contributing factors include high unemployment rates, economic instability, and a lack of access to formal job opportunities, particularly in urban areas. Additionally, the country's ongoing conflict has displaced many individuals, further pushing them into informal employment.

Austria

In 2010, Austria ranked #57 globally with an Urban Informal Employment Share of 1.34 %. This figure is notably higher than the lowest-ranked country, which indicates a relatively stable formal employment sector compared to others. The low informal employment share can be attributed to Austria's strong labor market policies and robust social security systems, which encourage formal employment and provide safety nets for workers.

Panama

In 2010, Panama had an Urban Informal Employment Share of 49.8 %, ranking #20 out of 59 countries. This figure is notably higher than many of its regional neighbors, indicating significant reliance on informal employment sectors. Contributing factors include a growing urban population coupled with economic challenges that limit formal job creation, particularly in low-income areas of the country.

Italy

In 2010, Italy ranked #41 with an Urban Informal Employment Share of 3.51 %. This figure is relatively low compared to the global average, indicating a more regulated labor market than many other countries. Key factors contributing to this statistic include Italy's strong labor laws and social security systems, which provide incentives for formal employment, as well as a relatively high level of economic development that discourages informal work.

Luxembourg

In 2010, Luxembourg ranked #55 globally with an Urban Informal Employment Share of 1.45 %. This figure is notably lower than many neighboring countries, reflecting Luxembourg's strong economy and robust labor market regulations. The country's wealth, driven by its financial sector and high per capita income, contributes to a formal employment landscape that minimizes the prevalence of informal work.

Hungary

In 2010, Hungary ranked #53 globally with an Urban Informal Employment Share of 1.61%. This figure is notably low compared to the highest-ranked country in this category, which typically sees informal employment rates exceeding 50%. The relatively stable economy and strong labor regulations in Hungary contribute to this low share, as well as a focus on formal employment opportunities within the country.

Norway

In 2010, Norway had an Urban Informal Employment Share of 2.12%, ranking #48 out of 59 countries. This figure is relatively low compared to many other countries, indicating a well-regulated labor market. Key drivers include Norway's strong welfare state and comprehensive labor policies that promote formal employment, reducing the prevalence of informal work.

Bulgaria

Bulgaria's Urban Informal Employment Share in 2010 was 6.27 %, ranking it #34 out of 59 countries. This figure is notably lower than many of its Eastern European neighbors, reflecting a more regulated labor market. Key drivers include Bulgaria's integration into the European Union, which has incentivized formal job creation and improved labor standards, alongside a growing economy that has gradually reduced reliance on informal employment.

Switzerland

In 2010, Switzerland ranked #45 globally with an Urban Informal Employment Share of 2.71%. This figure is relatively low compared to many other countries, reflecting the nation’s strong labor regulations and high standards of living. Economic stability, a robust formal job market, and comprehensive social security systems contribute to the limited scope of informal employment in Switzerland.

Republic of Moldova

In 2010, the Republic of Moldova held a global rank of #17 with an Urban Informal Employment Share of 55.46%. This significant share was higher than the average in many Eastern European countries, reflecting a challenging economic environment. Key drivers include a large agricultural sector with limited formal job opportunities and a high level of migration, which has led to a reliance on informal work for many households.

Belgium

In 2010, Belgium had an Urban Informal Employment Share of 2.9%, ranking #44 out of 59 countries. This figure is notably low compared to many developing nations, where informal employment often exceeds 50%. The relatively stable economy and strong labor regulations in Belgium contribute to this low share, as the country emphasizes formal employment through robust social security systems and labor protections.

Uruguay

In 2010, Uruguay ranked #24 globally with an Urban Informal Employment Share of 40.9%. This figure is notably higher than many of its regional neighbors, reflecting significant informal labor markets in South America. Contributing factors include a relatively high level of economic informality, driven by a mix of regulatory challenges and the need for flexible employment options among the workforce.

Dominican Republic

In 2010, the Dominican Republic ranked #18 with an Urban Informal Employment Share of 53.94 %. This figure is notably higher than the global average, indicating significant reliance on informal labor markets. Contributing factors include a high rate of urbanization and economic challenges that limit formal job opportunities, especially in cities like Santo Domingo.

Netherlands

In 2010, the Netherlands ranked #38 globally with an Urban Informal Employment Share of 5.19%. This figure is relatively low compared to many countries, indicating a more structured labor market. Contributing factors include the country's robust social welfare system and strong regulatory framework that support formal employment opportunities, reducing reliance on informal work. Additionally, the Netherlands’ high level of urbanization and economic development further minimizes the prevalence of informal employment.

Greece

In 2010, Greece ranked #32 globally with an Urban Informal Employment Share of 7.58 %. This figure is relatively low compared to countries with higher informal employment rates, highlighting Greece's relatively structured labor market. Key drivers of this statistic include Greece's economic challenges following the financial crisis, which influenced labor dynamics, and a strong emphasis on regulatory frameworks aimed at formalizing employment.

Spain

In 2010, Spain had an Urban Informal Employment Share of 3.34%, ranking #42 out of 59 countries. This figure is relatively low compared to many Latin American nations, where informal employment often exceeds 40%. Contributing factors to Spain's urban informal employment include its robust labor regulations and social security systems, which discourage informal work, as well as economic challenges stemming from the financial crisis that began in 2008, which affected job availability in formal sectors.

Bosnia and Herzegovina

Bosnia and Herzegovina had an Urban Informal Employment Share of 32.36% in 2010, ranking #27 out of 59 countries. This figure indicates a significant reliance on informal employment compared to many European nations, reflecting challenges in the formal labor market.

The high rate is driven by factors such as economic instability, high unemployment rates, and a lack of regulatory frameworks that encourage formal job creation. Additionally, the legacy of conflict and ongoing political complexities have hindered effective labor market reforms.

Finland

In 2010, Finland had an Urban Informal Employment Share of 1.44%, ranking #56 out of 59 countries. This figure is notably low compared to many developing nations, indicating a relatively stable formal employment sector. Finland's strong social welfare system and high levels of education contribute to this low share, as the country emphasizes regulated labor markets and comprehensive support for workers.