Economic impact of the Russia-Ukraine war

Statista overview report on the economic impact of the Russian invasion of Ukraine (as of February 2023)

Economic impact of the Russia-Ukraine war

Russia’s invasion of Ukraine, which began on February 24, 2022, shook the global economy. The war resulted in trade disruptions with Russia and Ukraine, a refugee crisis, and a decline in investor confidence in both countries. Over 40 territories have sanctioned Russia’s financial and economic sector, trade of selected commodities, and individuals and entities affiliated with the government.

While the war continues, this report presents the latest estimates on its impact on the global, Russian, and Ukrainian economies, as well as on selected industries affected by the war and the sanctions imposed on Russia.

Table of contents

Conflict overview

  • Historical overview
  • Refugee and infrastructure costs
  • Foreign aid to Ukraine
  • Military and economic comparison

Sanctions on Russia
  • Types of sanctions
  • SWIFT ban
  • Currency intervention

Economic outlook
  • GDP
  • Inflation
  • Trade

Impact on selected industries
  • Commodities
  • Transportation and logistics
  • Retail
  • Technology and media

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