The GDP of the European Union could fall by as much as 2.7 percent if Russia completely shuts-off energy supply to the EU, with this improving to -0.4 percent if the EU is heavily integrated into global liquefied natural gas (LNG) markets.
Potential 12-month impact on gross domestic product if Russia shuts-off energy supply to Europe in 2022, by country and scenario
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IMF. (July 19, 2022). Potential 12-month impact on gross domestic product if Russia shuts-off energy supply to Europe in 2022, by country and scenario [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1322151/eu-energy-crisis-gdp-impact/
IMF. "Potential 12-month impact on gross domestic product if Russia shuts-off energy supply to Europe in 2022, by country and scenario." Chart. July 19, 2022. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1322151/eu-energy-crisis-gdp-impact/
IMF. (2022). Potential 12-month impact on gross domestic product if Russia shuts-off energy supply to Europe in 2022, by country and scenario. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1322151/eu-energy-crisis-gdp-impact/
IMF. "Potential 12-month Impact on Gross Domestic Product If Russia Shuts-off Energy Supply to Europe in 2022, by Country and Scenario." Statista, Statista Inc., 19 Jul 2022, https://www.statista.com/statistics/1322151/eu-energy-crisis-gdp-impact/
IMF, Potential 12-month impact on gross domestic product if Russia shuts-off energy supply to Europe in 2022, by country and scenario Statista, https://www.statista.com/statistics/1322151/eu-energy-crisis-gdp-impact/ (last visited January 06, 2025)
Potential 12-month impact on gross domestic product if Russia shuts-off energy supply to Europe in 2022, by country and scenario [Graph], IMF, July 19, 2022. [Online]. Available: https://www.statista.com/statistics/1322151/eu-energy-crisis-gdp-impact/