Within the intricate fabric of the global economy, many Countries currently contend with formidable obstacles that have resulted.
These 10 Countries encounter a challenging journey in pursuing long-term economic expansion and well-being.
1. Ukraine Ukraine’s global average 5-year GDP ranking has declined by -35% in 2023.
2. Syria the economic losses inflicted by the war on Syria amount to over $400 billion.
3. Russia As per the World Economic Outlook April report, Russia holds the lowest position in the global average GDP ranking experiencing an average decline of -8.5% from 2018 to 2022.
4. Afghanistan The Afghanistan economy lost $5 billion since August 2021.
5. Estonia The average 5-year GDP ending in 2022 stands at 2.8% for Estonia.
6. Samoa Its GDP has averaged -1.5% over the past 5 years ending in 2022.
7. Micronesia Its GDP has averaged -0.8% in the 5 years leading up to 2022.
8. Solomon Islands The World Economic Outlook’s April report assigns the country an average 5-year GDP of -0.7%.
9. Belarus According to the World Economic Outlook’s April report, it has an average 5-year GDP of -0.1%.
10. Tonga The World Economic Outlook shows that the country’s GDP averaged -0.1%.
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