In a statement, the bank said the updated 10-year recovery and reconstruction cost is nearly three times Ukraine’s projected gross domestic product (GDP) for 2025, News.Az reports, citing foreign media.
The new estimate comes four years after the start of the war with Russia, reflecting the scale of destruction across key sectors of the country’s economy and infrastructure.
RECOMMENDED STORIES
“With the support of development partners, the Government of Ukraine is taking significant steps to meet recovery and reconstruction priorities for 2026, including public investment projects and essential recovery support programs such as funding for destroyed housing, demining, and multisector economic support programs, totaling more than $15 billion,” the bank said.
The institution also noted that at least $20 billion in needs have already been addressed since February 2022 through emergency repairs and early recovery efforts. These activities have focused on housing, energy systems, education facilities, transportation networks and other essential sectors critical to maintaining basic services and economic stability.
The bank also said that direct damage in Ukraine has now reached over $195 billion, up from $176 billion in the previous report, with housing, transport and energy sectors being the most affected.
"Damage, losses and needs remain concentrated in frontline oblasts and major metropolitan areas," it said.
The statement noted that in the energy sector, there has been an approximately 21% increase in damaged or destroyed assets since last year's report, while in the transportation sector, needs have risen by approximately 24% compared to last year.
The bank also noted that as of the end of last year, 14% of the housing stock was damaged or destroyed, affecting more than 3 million households.
Reconstruction and recovery needs are highest in the transport sector, exceeding $96 billion, according to the bank. This is followed by the energy sector at nearly $91 billion and the housing sector at almost $90 billion. The commerce and industry sector requires more than $63 billion, while agriculture accounts for over $55 billion.
Meanwhile, explosives hazard management and debris clearance are estimated to cost nearly $28 billion, despite progress in surveying and demining efforts that have helped limit losses in this area.
