In case European countries fully ban Russian gas imports, the global gross domestic product (GDP) growth in 2023 was expected to be 0.45 percent lower compared to the baseline forecast. The ban could cost European countries that were members of the Organization for Economic Co-operation and Development (OECD) 1.3 percent of GDP in the same year and 0.67 percent in 2024.
Change in forecast gross domestic product (GDP) growth worldwide in case of an embargo on Russian gas in Europe from 2023 to 2024, by region
(as a difference from baseline)
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OECD. (June 8, 2022). Change in forecast gross domestic product (GDP) growth worldwide in case of an embargo on Russian gas in Europe from 2023 to 2024, by region (as a difference from baseline) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1321533/gdp-impact-of-european-embargo-on-russian-gas/
OECD. "Change in forecast gross domestic product (GDP) growth worldwide in case of an embargo on Russian gas in Europe from 2023 to 2024, by region (as a difference from baseline)." Chart. June 8, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1321533/gdp-impact-of-european-embargo-on-russian-gas/
OECD. (2022). Change in forecast gross domestic product (GDP) growth worldwide in case of an embargo on Russian gas in Europe from 2023 to 2024, by region (as a difference from baseline). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1321533/gdp-impact-of-european-embargo-on-russian-gas/
OECD. "Change in Forecast Gross Domestic Product (Gdp) Growth Worldwide in Case of An Embargo on Russian Gas in Europe from 2023 to 2024, by Region (as a Difference from Baseline)." Statista, Statista Inc., 8 Jun 2022, https://www.statista.com/statistics/1321533/gdp-impact-of-european-embargo-on-russian-gas/
OECD, Change in forecast gross domestic product (GDP) growth worldwide in case of an embargo on Russian gas in Europe from 2023 to 2024, by region (as a difference from baseline) Statista, https://www.statista.com/statistics/1321533/gdp-impact-of-european-embargo-on-russian-gas/ (last visited August 25, 2024)
Change in forecast gross domestic product (GDP) growth worldwide in case of an embargo on Russian gas in Europe from 2023 to 2024, by region (as a difference from baseline) [Graph], OECD, June 8, 2022. [Online]. Available: https://www.statista.com/statistics/1321533/gdp-impact-of-european-embargo-on-russian-gas/