As a result of Russia's invasion of Ukraine, the global economy is estimated to contract by 0.17 percent in 2022. Furthermore, due to sanctions imposed on Russia, its economy is projected to decline by 0.7 percent in 2022 and by 1.21 percent in 2023.
Estimated impact of the Ukraine crisis on global economic growth from 2022 to 2024
(as a percentage change in gross domestic product from no conflict baseline)
Characteristic
2022
2023
2024
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Statista. (February 25, 2022). Estimated impact of the Ukraine crisis on global economic growth from 2022 to 2024 (as a percentage change in gross domestic product from no conflict baseline) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1293846/estimated-impact-of-russia-s-invasion-of-ukraine-on-global-economic-growth/
Statista. "Estimated impact of the Ukraine crisis on global economic growth from 2022 to 2024 (as a percentage change in gross domestic product from no conflict baseline)." Chart. February 25, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1293846/estimated-impact-of-russia-s-invasion-of-ukraine-on-global-economic-growth/
Statista. (2022). Estimated impact of the Ukraine crisis on global economic growth from 2022 to 2024 (as a percentage change in gross domestic product from no conflict baseline). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1293846/estimated-impact-of-russia-s-invasion-of-ukraine-on-global-economic-growth/
Statista. "Estimated Impact of The Ukraine Crisis on Global Economic Growth from 2022 to 2024 (as a Percentage Change in Gross Domestic Product from No Conflict Baseline)." Statista, Statista Inc., 25 Feb 2022, https://www.statista.com/statistics/1293846/estimated-impact-of-russia-s-invasion-of-ukraine-on-global-economic-growth/
Statista, Estimated impact of the Ukraine crisis on global economic growth from 2022 to 2024 (as a percentage change in gross domestic product from no conflict baseline) Statista, https://www.statista.com/statistics/1293846/estimated-impact-of-russia-s-invasion-of-ukraine-on-global-economic-growth/ (last visited July 22, 2024)
Estimated impact of the Ukraine crisis on global economic growth from 2022 to 2024 (as a percentage change in gross domestic product from no conflict baseline) [Graph], Statista, February 25, 2022. [Online]. Available: https://www.statista.com/statistics/1293846/estimated-impact-of-russia-s-invasion-of-ukraine-on-global-economic-growth/