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Ukraine reconstruction estimate jumps 12% to $588 billion, World Bank says

The World Bank and partners report a 12% increase in Ukraine's 10-year reconstruction cost, driven by extensive damage to housing, transport, and energy sectors.

  • On February 23, 2026 the World Bank, United Nations, European Commission and the Ukrainian government estimated Ukraine needs $588 billion over the next decade, nearly three times its 2025 GDP, Ukrainian Prime Minister Yulia Svyrydenko said.
  • Ongoing Russian strikes concentrated damage in frontline and city centres including Kyiv, using data through December 31, 2025, while excluding January–February attacks on energy facilities.
  • The assessment found direct damages of $195 billion, up nearly 11%, socioeconomic losses at $667 billion, a 13% jump from last year, and housing damage of about $61 billion.
  • Ukraine and partners have already deployed emergency funds, spending $20.3 billion since February 2022, while the government earmarked $15.25 billion this year and reforms could let the private sector cover some 40%.
  • The human toll is vast, with over 6 million refugees and 4.6 million displaced, U.N. data show 2.4 million fewer children, and Matthias Schmale said `Recovery must be human-centered and community-based`.
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49 Articles

Ukraine would need nearly $588 billion in 10 years for post-war reconstruction, as indicated by a report prepared by the Government, the World Bank, the European Commission and the United Nations.

·Vilnius, Lithuania
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Lean Left

Ukraine needs $588 billion to rebuild from the devastation caused by Russia's four-year invasion, a figure almost three times the country's annual economic output, the World Bank and other institutions said in a report on Monday. The estimated total is 12 percent higher than the amount provided last year, amid a winter of devastating Russian attacks on Ukraine's energy infrastructure that left millions without heat and electricity. Four years of…

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Center

The reconstruction of Ukraine after the war would already exceed 500 billion euros. A figure that takes into account the damage inflicted throughout the territory since the invasion began in 2022. While it is currently difficult to project itself on the post-war period, this astronomical amount gives an idea of the devastation of the country. - War in Ukraine: the fierce cost of rebuilding the country after four years of conflict (International).

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Center

The post-war reconstruction of Ukraine will cost some 588 billion dollars (more than 500 billion euros) over the next decade, according to a joint report from Kiev, the World Bank, the Union...

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Lean Right

An international report points to the need for an investment equivalent to three times that of Ukraine's GDP in 2025 in the next decade.

·Portugal
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ladepeche.fr broke the news in on Monday, February 23, 2026.
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