2023World Current AffairsMedium
Which nation’s nominal GDP is likely to contract by 20 percent within a year, according to UNDP?
ANorth Korea
BPakistan
CAfghanistan
DIran
Correct answer
C. Afghanistan
Explanation
Afghanistan’s nominal GDP is likely to contract by 20 percent within a year, from US$20 billion in 2020 to a figure of US$16 billion, according to a new socio-economic report by the United Nations Development Programme (UNDP).