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Gross Domestic Product photo_2022-08-30_15-12-57, 2020 (-10.01%) - Coggle…
Gross Domestic Product
current GDP
As per ADB 4.5%
Changes over the 2 year of pandemic
2021(4.09%)
CAUSES OF CHANGE IN GDP
Pandemic
covid restrictions
Tourism
Ukraine -Russian war
Disruption in global supply chain
Inflation
Delay in hydropower plant
The implication of change in GDP
positive implication
Gainful Employment
Increase in Production
Growth in Three sectors of the economy
Rise in living Standard
Negative implication
Unemployment
Decline in foreign Currency Reserve
Increase In external debt. 130.9% of GDP
Rise in public expenditure
Decline in Business revenue
Decline in Consumer spendings
2020 (-10.01%)
