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GDP impact of trade restrictions with Russia 2022, by country

Estimated long-term change in annual gross domestic product (GDP) due to trade restrictions of the United States and its allies with Russia as of 2022, by country

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Sources

Use Ask Statista Research Service

Release date

March 2022

Region

Worldwide, Russia

Survey time period

2022

Supplementary notes

Based on a model simulation. The source specified the following information: "The calculations were made using the KITE model (Kiel Institute Trade Policy Evaluation). The model can simulate how trade flows adjust in the long term when international supply chains are interrupted and how this affects the growth opportunities of an economy. It does not model the short-term effects of reciprocal sanctions, which usually lead to income losses on both sides. The model simulates a doubling of non-tariff trade barriers, but does not model the recently adopted sanctions against Russia."

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Statistics on "Russia-Ukraine war"

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