Ukraine's Reconstruction Costs Now Exceed $500 Billion, World Bank Reports

A new study reveals the financial toll of Russia's invasion, with damages tripling Ukraine's annual economic output.

The World Bank, UN, EU, and Ukraine estimate reconstruction costs at $524 billion, a 7% increase from last year's assessment.
The damages amount to three times Ukraine's projected GDP for 2024, highlighting the extensive impact of the war.
Key sectors affected include housing, energy, transportation, commerce, and education, with energy infrastructure seeing a 70% rise in damages since 2024.
Over 13% of Ukraine's buildings have been damaged or destroyed, affecting more than 2.5 million households nationwide.
The Ukrainian government has allocated $7.37 billion for urgent 2025 needs but faces a $10 billion funding gap for reconstruction efforts.