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)
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.
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 December 21, 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 December 21, 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: December 21, 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 December 21, 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/
