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Nord Stream 2 impact on GDP in Russia 2018, by sector

Value added to the gross domestic product (GDP) by Nord Stream 2 in Russia as of December 2018, by sector and type of effect

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Release date

May 2019



Survey time period

As of December 2018

Supplementary notes

Arthur D. Little calculations using the IMPLAN modelling system (OECD database).

The source specified the following information:
This analysis is based on the accepted theory that any economic activity creates ripples of value creation through:
Direct effects (activities related directly to the investment itself, such as construction and provision of materials);
Indirect effects (all activities serving the directly involved parties – subcontractors, raw material providers, etc.);
Induced effects (all induced household spending of the recipients of wages and salaries related to the project, including those of subcontractors, raw material providers, and service providers).

"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)."

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