The greatest damage was recorded in the housing, transport, and energy sectors, according to the World Bank, the UN, the European Commission, and the Ukrainian government.
Rebuilding Ukraine’s economy over the next decade will require approximately $588 billion, 12% more than previously estimated. This, according to TSN, is stated in a joint report by the World Bank, the UN, the European Commission, and the Ukrainian government, published on the eve of the fourth anniversary of Russia’s full-scale invasion, according to Reuters. PromPolitInform reports.
The estimate covers the period from February 24, 2022, to December 31, 2025. The increase in costs is attributed, in part, to the extensive destruction of energy infrastructure—its volume has increased by 21% over the past year. However, the study does not include the consequences of further Russian attacks on the energy grid in January-February 2026. According to the report, direct damage to Ukraine already amounts to $195 billion, almost 11% more than the previous estimate. The housing, transportation, and energy sectors suffered the most.
Ukrainian Prime Minister Yulia Svyrydenko noted that the overall cost of recovery is almost three times the country’s projected nominal GDP in 2025. She emphasized that, despite constant attacks on infrastructure, Ukrainians are demonstrating resilience, and businesses continue to operate.
The largest losses were recorded in the residential sector: approximately 14% of housing was damaged or destroyed, worth approximately $61 billion. Damage to the transportation sector is estimated at over $40 billion, and to the energy sector, approximately $25 billion.
Socioeconomic losses, including job losses and business disruptions, amount to $667 billion, 13% more than last year.
The war has also led to a large-scale humanitarian crisis. As of the end of 2025, more than 6 million Ukrainians are refugees abroad, and another 4.6 million remain internally displaced. Meanwhile, Ukraine’s real GDP is currently 21% lower than before the full-scale war.
The report notes that approximately 40% of recovery needs could be covered by private investment, provided reforms are implemented that promote the development of the agricultural sector, industry, and tourism.
Experts also note that people remain a key resource for recovery. Important areas will include the return of refugees, the reintegration of veterans, and increasing women’s participation in the labor market.
