World Bank Projects $588 Billion for Ukraine's Decade-Long Reconstruction After Four Years of War
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Ukraine War: Reconstruction Cost Soars to $588 Billion Over Next Decade
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Firstpost•24-02-2026, 08:30
Ukraine War: Reconstruction Cost Soars to $588 Billion Over Next Decade
•Four years into the war, Ukraine's reconstruction cost is estimated at $588 billion over the next decade, nearly triple its 2025 projected nominal GDP.
•The assessment was jointly released by the World Bank Group, European Commission, United Nations, and Ukraine’s government.
•Direct damage exceeds $195 billion, with homes, transport, and energy infrastructure severely hit; 14% of housing damaged or destroyed.
•Ukraine's energy sector faces severe blows, impacting power generation and heating; transport networks also suffered major destruction.
•Over $20 billion in urgent repairs and early recovery work completed; recovery depends on funding, reforms, and private investment.
