Four years after the start of the full-scale conflict, restoring Ukraine will require about $588 billion over the next decade. This data was presented in an updated joint assessment of damage and needs, which was prepared by the Ukrainian government in collaboration with the World Bank, the European Commission, and the United Nations.
According to information from the UN News Service, the stated amount is nearly three times the projected nominal gross domestic product of Ukraine for 2025.
The report covers the period from February 2022 to December 2025. According to it, direct damage has already exceeded $195 billion. The housing sector, transportation, and energy infrastructure have been the hardest hit, especially in frontline areas and major cities.
Energy infrastructure continues to be at risk: the number of destroyed or damaged facilities has increased by about 21% compared to the previous assessment. In the transportation sector, needs have risen by 24% due to attacks on railways and ports last year. As of the end of 2025, 14% of the country's housing stock, which amounts to over 3 million households, has already been damaged or destroyed.
The authors of the report emphasize that the contribution of the private sector is crucial for successful recovery. However, additional reforms are needed to attract investments, 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 will be associated with transportation—over $96 billion. This is followed by energy (nearly $91 billion), housing (approximately $90 billion), trade and industry (more than $63 billion), and agriculture (over $55 billion). About $28 billion will be required for demining and clearing debris.
