The value added to the Russian GDP by Nord Stream 2 in the legal and commercial services sector was expected to reach nearly 520 million euros based on estimates from December 2018, combining indirect and induced effects. In total, the pipeline under construction was forecast to contribute over 1.7 billion euros to the country's GDP.
Value added to the gross domestic product (GDP) by Nord Stream 2 in Russia as of December 2018, by sector and type of effect
(in million euros)
Arthur D. Little calculations using the IMPLAN modelling system (OECD database).
The source specified the following information:
This analysis is based on the accepted theory that any economic
activity creates ripples of value creation through:
Direct effects (activities related directly to the investment
itself, such as construction and provision of materials);
Indirect effects (all activities serving the directly involved
parties – subcontractors, raw material providers, etc.);
Induced effects (all induced household spending of the
recipients of wages and salaries related to the project,
including those of subcontractors, raw material providers,
and service providers).
"This current follow-up report is conducted at the height of the construction phase, at a time when almost all funds have been either spent or committed (€8,000 million, as of December 2018)."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Arthur D. Little. (May 1, 2019). Value added to the gross domestic product (GDP) by Nord Stream 2 in Russia as of December 2018, by sector and type of effect (in million euros) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1119259/value-added-to-gdp-by-nord-stream-2-by-sector-russia/
Arthur D. Little. "Value added to the gross domestic product (GDP) by Nord Stream 2 in Russia as of December 2018, by sector and type of effect (in million euros)." Chart. May 1, 2019. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1119259/value-added-to-gdp-by-nord-stream-2-by-sector-russia/
Arthur D. Little. (2019). Value added to the gross domestic product (GDP) by Nord Stream 2 in Russia as of December 2018, by sector and type of effect (in million euros). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1119259/value-added-to-gdp-by-nord-stream-2-by-sector-russia/
Arthur D. Little. "Value Added to The Gross Domestic Product (Gdp) by Nord Stream 2 in Russia as of December 2018, by Sector and Type of Effect (in Million Euros)." Statista, Statista Inc., 1 May 2019, https://www.statista.com/statistics/1119259/value-added-to-gdp-by-nord-stream-2-by-sector-russia/
Arthur D. Little, Value added to the gross domestic product (GDP) by Nord Stream 2 in Russia as of December 2018, by sector and type of effect (in million euros) Statista, https://www.statista.com/statistics/1119259/value-added-to-gdp-by-nord-stream-2-by-sector-russia/ (last visited December 18, 2024)
Value added to the gross domestic product (GDP) by Nord Stream 2 in Russia as of December 2018, by sector and type of effect (in million euros) [Graph], Arthur D. Little, May 1, 2019. [Online]. Available: https://www.statista.com/statistics/1119259/value-added-to-gdp-by-nord-stream-2-by-sector-russia/
