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Interpreting Graphic Text | Best Technique | Get Full Marks Easily | NEB | Class 11 and 12
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GDP Growth Rate of Nepal , According to the ADB Estimates:
2021 - 4.2% (past status)
2022- 5.8% (past status)
2023- 4.1%(estimation)
2024- 5% (estimation)
Explanation: The chart above shows the GDP growth rate of Nepal from 2021 to 2024, according to estimates from the Asian Development Bank (ADB). The X axis indicates the year, and the Y axis shows the percentage of GDP growth rate.
As per the chart, Nepal's GDP growth rate was 4.2% in 2021. In 2022, the GDP increased moderately to 5.8% compared to the previous year, indicating a strong recovery from the economic impacts of the COVID-19 pandemic. However, the ADB estimates a slight decrease in GDP growth with an estimated rate of 4.1% in 2023. This could be due to the after-effects of the pandemic and the worldwide economic recession. The chart also shows a projected increase in Nepal's GDP growth rate of 5% in 2024.
In conclusion, the chart suggests that Nepal's economy is recovering from the impacts of the COVID-19 pandemic, with moderate to strong growth rates in the coming years.
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2021 - 4.2% (past status)
2022- 5.8% (past status)
2023- 4.1%(estimation)
2024- 5% (estimation)
Explanation: The chart above shows the GDP growth rate of Nepal from 2021 to 2024, according to estimates from the Asian Development Bank (ADB). The X axis indicates the year, and the Y axis shows the percentage of GDP growth rate.
As per the chart, Nepal's GDP growth rate was 4.2% in 2021. In 2022, the GDP increased moderately to 5.8% compared to the previous year, indicating a strong recovery from the economic impacts of the COVID-19 pandemic. However, the ADB estimates a slight decrease in GDP growth with an estimated rate of 4.1% in 2023. This could be due to the after-effects of the pandemic and the worldwide economic recession. The chart also shows a projected increase in Nepal's GDP growth rate of 5% in 2024.
In conclusion, the chart suggests that Nepal's economy is recovering from the impacts of the COVID-19 pandemic, with moderate to strong growth rates in the coming years.
DOWNLOAD OUR MOBILE APPLICATION:
IOS: Coming soon
[ FOR YOUR SUPPORT ]
CONTACT US:
WhatsApp1:
WhatsApp3:
Viber: +9779860535756
FOLLOW US ON:
FOR BUSINESS ENQUIRY EMAIL:
#elopeeth #class11 #interpretinggraphictext
[ THANKS FOR WATCHING THE VIDEO ]
Disclaimer:-
Copyright Disclaimer under section 107 of the Copyright Act of 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.
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