Which nation's nominal GDP is likely to contract by 20 percent within a year, according to UNDP?
Explanation:
Afghanistan's nominal GDP is likely to contract by 20 percent from USD 20 billion in 2020 to USD 16 billion within just one year, as per United Nations Development Programme (UNDP) on December 1, 2021. The decline may reach 30 percent in the following years if urgent corrective measures are not taken, according to a new socio-economic report.