Nord Stream 2 value added to GDP by country 2018

The natural gas pipeline Nord Stream 2 was expected to contribute nearly 2.7 billion euros to the Russian gross domestic product (GDP), based on calculations from December 2018. Germany's GDP was forecast to gain over 1.85 billion euros from the project that was under construction, planned to be finished by the end of 2020 or in the first quarter of 2021.

Value added by Nord Stream 2 to gross domestic product (GDP) as of December 2018, by country (in million euros)

Characteristic	Value added to GDP in million euros
Russia	2,693
Germany	1,852
Netherlands	1,051
Switzerland	701
Finland	413
Sweden	346
UK	319
Austria	243
Denmark	161
Other EU*	135
Belgium	113
Italy	106
Norway	95
Other non-EU**	93

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Release date

May 2019

More information

Region

Worldwide, Russia

Survey time period

As of December 2018

Supplementary notes

The source specified the following information:
"This current follow-up report is conducted at the height of the construction phase, at a time when almost all funds have been either spent or committed (€8,000 million, as of December 2018)."

* Includes Estonia, France, Hungary, Latvia, Lithuania, and Portugal.
** Includes Brazil, Hong Kong, Malaysia, Singapore, Tunisia, United Arab Emirates, and the United States.

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