The direct impact of Nord Stream 2 on the Russian economy as of December 2018 was measured at approximately 2.5 billion euros, as this was the country's capital expenditure on the project. Combining direct, indirect, and induced effects, the economic impact of the pipeline under construction on the country's economy was estimated at an output of over six billion euros.
Economic output created by Nord Stream 2 in Russia as of December 2018, by sector and effect type
(in million euros)
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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Arthur D. Little. (May 1, 2019). Economic output created by Nord Stream 2 in Russia as of December 2018, by sector and effect type (in million euros) [Graph]. In Statista. Retrieved October 05, 2024, from https://www.statista.com/statistics/1119269/nord-stream-2-impact-on-economic-output-russia-by-sector/
Arthur D. Little. "Economic output created by Nord Stream 2 in Russia as of December 2018, by sector and effect type (in million euros)." Chart. May 1, 2019. Statista. Accessed October 05, 2024. https://www.statista.com/statistics/1119269/nord-stream-2-impact-on-economic-output-russia-by-sector/
Arthur D. Little. (2019). Economic output created by Nord Stream 2 in Russia as of December 2018, by sector and effect type (in million euros). Statista. Statista Inc.. Accessed: October 05, 2024. https://www.statista.com/statistics/1119269/nord-stream-2-impact-on-economic-output-russia-by-sector/
Arthur D. Little. "Economic Output Created by Nord Stream 2 in Russia as of December 2018, by Sector and Effect Type (in Million Euros)." Statista, Statista Inc., 1 May 2019, https://www.statista.com/statistics/1119269/nord-stream-2-impact-on-economic-output-russia-by-sector/
Arthur D. Little, Economic output created by Nord Stream 2 in Russia as of December 2018, by sector and effect type (in million euros) Statista, https://www.statista.com/statistics/1119269/nord-stream-2-impact-on-economic-output-russia-by-sector/ (last visited October 05, 2024)
Economic output created by Nord Stream 2 in Russia as of December 2018, by sector and effect type (in million euros) [Graph], Arthur D. Little, May 1, 2019. [Online]. Available: https://www.statista.com/statistics/1119269/nord-stream-2-impact-on-economic-output-russia-by-sector/