Four years after the start of the full-scale conflict, nearly $588 billion will be needed to restore Ukraine over the next ten years. This information is contained in an updated joint assessment of damage and needs, prepared by the government of Ukraine, the World Bank, the European Commission, and the UN source.
According to data from the UN News Service, the stated amount is almost three times the expected nominal GDP of Ukraine for 2025.
The report covers the period from February 2022 to December 2025. According to the document, direct losses have already exceeded $195 billion, with the highest number of damages recorded in the housing, transport, and energy sectors, particularly in frontline areas and major cities.
Energy infrastructure continues to face serious attacks, and the number of damaged or destroyed facilities has increased by approximately 21% compared to the previous assessment. In the transport sector, needs have risen by about 24% due to strikes on railways and ports last year. By the end of 2025, 14% of the country's housing stock, equivalent to over 3 million households, will be damaged or destroyed.
The authors of the report emphasize that the private sector will play a key role in the recovery process. However, further reforms are needed to attract investments, such as improving the business climate, expanding access to financing, and adapting the economy to the ecological and digital standards of the European Union.
The most significant long-term costs are expected in the transport sector—over $96 billion. The next largest are in energy (almost $91 billion), the housing sector (close to $90 billion), trade and industry (over $63 billion), and agriculture (more than $55 billion). Nearly $28 billion will be required for demining and debris clearance.
