The Brazilian non-observed economy: A study established on the system of national accounts methodology

Abstract

The considerations about productive activities regularly not captured by official statistics, the "non-observed economy" (NOE), is a relevant issue for the Brazilian economy, linked directly to the System of National Accounts (SNA). This article seeks to bring up conceptual and methodological questions, as well as results for the Brazilian economy to complement the SCN commonly reported in the country. The ENO in Brazil as a proportion of GDP declined from 15.8% to 11.6% between 2000 and 2009, a result influenced by reducing the still significant weight of household production and the informal economy Factors such as economic growth, especially in the period 2004-2008, and effects of specific policies such as reducing and simplifying taxes, credit expansion for micro entrepreneurs and increased labor inspection were identified as relevant to this reduction.