According to the latest data, nearly $588 billion will be needed to restore Ukraine over the next decade, as revealed four years after the start of the full-scale conflict. This information comes from an updated assessment of damage and needs prepared by the government of Ukraine, the World Bank, the European Commission, and the United Nations, as confirmed by the UN news service.
This amount is almost three times the expected nominal GDP of Ukraine for 2025, experts note.
The report covers the period from February 2022 to December 2025. According to its data, direct damage has already exceeded $195 billion, with housing, transportation, and energy infrastructure being the most affected by the war, particularly in frontline regions and major cities.
Energy infrastructure continues to be subjected to intense attacks, and the number of damaged or destroyed facilities has increased by 21% compared to previous estimates. In the transportation sector, needs have risen by 24% due to the destruction caused by strikes on railways and ports last year. By the end of 2025, 14% of the country's housing stock will have been damaged or destroyed, affecting more than 3 million households.
The authors of the report emphasize that the recovery of the country will depend on active participation from the private sector. This requires additional reforms, including improving the business climate, expanding access to financing, and adapting the economy to the environmental and digital standards of the European Union.
The largest long-term costs are associated with transportation infrastructure, which will require over $96 billion. This is followed by the energy sector with nearly $91 billion, housing construction with almost $90 billion, as well as trade and industry—over $63 billion—and agriculture—more than $55 billion. Approximately $28 billion will be needed for demining and clearing debris.
