Hungary is expected to see the greatest GDP output losses in a theoretical scenario whereby Russia would stop natural gas supplies to Europe. The 2022 projection assumes that in a best-case scenario Hungary would see a 1.1 percent loss to its GDP after a 12 month period following the shut-off, whereas a worst-case scenario would be a 6.5 percent loss. The European Union average is estimated to range between -0.4 and -2.7 percent impact on GDP.
Projected GDP output losses twelve months after a theoretical Russian gas supply shut-off in select European countries in 2022, by scenario
Loading statistic...
Basic Account
Get to know the platform
You only have access to basic statistics.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Natural gas in Europe
Overview
4
Trade
6
- Premium Statistic Natural gas supply breakdown in Europe 2021, by source
- Premium Statistic Gaseous state natural gas imports in Europe 2021-2022, by country
- Basic Statistic Russian natural gas imports in Europe 2021, by country
- Basic Statistic EU and UK gas imports from Russia weekly 2021-2023, by route
- Basic Statistic Daily value of Russian gas imported to the EU 2022
- Basic Statistic Most expensive gas pipeline projects in the European Union 2023
Consumption and storage
4
- Premium Statistic Share of natural gas storage capacity filled in Europe April 2024, by country
- Premium Statistic Natural gas consumption in the European Union 1998-2022
- Premium Statistic Natural gas use in the EU-27 2021, by country
- Premium Statistic Natural gas share in energy use in the EU-27 2021
Electricity generation
6
- Premium Statistic Gas power production capacity in Europe 2000-2022
- Premium Statistic Gas power production capacity in Europe 2023, by country
- Premium Statistic Gas power production in Europe 2000-2022
- Basic Statistic Gas power production in Europe 2023, by country
- Premium Statistic Gas share in power mix Europe 2023, by country
- Basic Statistic Largest operational gas power plants in Europe by capacity 2021
Energy crisis
5
- Basic Statistic GDP impact of European embargo on Russian gas 2023-2024, by region
- Basic Statistic Russian gas supply cut impact on GDP in Europe 2022, by country
- Premium Statistic Change in Russian pipeline gas exports to the EU 2021-2025
- Premium Statistic Consumption change due to a potential Russian gas shutoff in Europe 2022, by country
- Basic Statistic Potential cuts in Russian gas imports into the EU 2025, by policy measure
Further Content: You might find this interesting as well
Topics
Natural gas in EuropeIMF. (July 19, 2022). Projected GDP output losses twelve months after a theoretical Russian gas supply shut-off in select European countries in 2022, by scenario [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1321467/russian-gas-supply-cut-impact-on-gdp-in-europe/
IMF. "Projected GDP output losses twelve months after a theoretical Russian gas supply shut-off in select European countries in 2022, by scenario." Chart. July 19, 2022. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1321467/russian-gas-supply-cut-impact-on-gdp-in-europe/
IMF. (2022). Projected GDP output losses twelve months after a theoretical Russian gas supply shut-off in select European countries in 2022, by scenario. Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1321467/russian-gas-supply-cut-impact-on-gdp-in-europe/
IMF. "Projected Gdp Output Losses Twelve Months after a Theoretical Russian Gas Supply Shut-off in Select European Countries in 2022, by Scenario." Statista, Statista Inc., 19 Jul 2022, https://www.statista.com/statistics/1321467/russian-gas-supply-cut-impact-on-gdp-in-europe/
IMF, Projected GDP output losses twelve months after a theoretical Russian gas supply shut-off in select European countries in 2022, by scenario Statista, https://www.statista.com/statistics/1321467/russian-gas-supply-cut-impact-on-gdp-in-europe/ (last visited June 10, 2024)
Projected GDP output losses twelve months after a theoretical Russian gas supply shut-off in select European countries in 2022, by scenario [Graph], IMF, July 19, 2022. [Online]. Available: https://www.statista.com/statistics/1321467/russian-gas-supply-cut-impact-on-gdp-in-europe/