Rebuilding Ukraine's economy will cost an estimated $588 billion over the next decade, the World Bank, United Nations, European Commission and the Ukrainian government said on Monday, a day before the fourth anniversary of Russia's full-scale invasion, APA reports, citing reuters.
The latest assessment by the institutions, based on data from February 24, 2022 through December 31, 2025 showed a 12% increase from last year's estimate, based in part on a 21% jump in damaged or destroyed energy infrastructure from a year ago.
The study does not include data from Russia's intensified attacks on Ukrainian energy facilities in January and February, which have left tens of thousands across Ukraine without heat, power and water during the coldest winter on record in decades.
The estimate, the fifth conducted since the start of the war, found direct damage in Ukraine had reached $195 billion, up nearly 11% from the previous assessment, with housing, transport and energy sectors most affected, the groups said. That is more than double the damage reported in the first report in 2022.
"The damage is immense and increasing continuously," the report said, noting that damages were concentrated in frontline areas and metropolitan areas including the capital Kyiv.
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