Sunday23 March 2025
smiua.net

The World Bank has announced the amount needed for Ukraine's reconstruction.

The updated data from the World Bank exceeds the projected nominal GDP of Ukraine for 2024 by 2.8 times.
Всемирный банк озвучил сумму, необходимую для восстановления Украины.

The total cost of rebuilding Ukraine, according to the World Bank, will amount to $524 billion over the next decade. This is approximately 2.8 times higher than the projected nominal GDP of Ukraine for 2024.

The World Bank's press service reports this information.

New data from the World Bank exceeds the previous estimate by $38 billion, which is 2.8 times higher. 

The press service noted that in 2025, with donor support, the Ukrainian government allocated $7.37 billion to address priority tasks in areas such as housing, education, healthcare, social protection, energy, and more. Meanwhile, the total funding gap for recovery and reconstruction needs in 2025 will be $9.96 billion. 

Research has shown that the direct damage in Ukraine currently reaches $176 billion, whereas the estimate published in February 2024 by RDNA3 was $152 billion. 

“The most affected sectors include housing, transportation, energy, trade, and industry, as well as education. According to the current assessment, 13% of the total housing stock has been damaged or destroyed, affecting over 2.5 million households,” the World Bank study states.

In the energy sector, the number of damaged or destroyed facilities has increased by 70% since the RDNA3 assessment, including production, transmission, distribution infrastructure, and centralized heating. About 72% of the total damage is attributed to all sectors located near the conflict line in the Donetsk, Kharkiv, Luhansk, Zaporizhzhia, and Kherson regions, as well as Kyiv region.

The World Bank's press service emphasized that, of the total long-term needs, the requirements for reconstruction and recovery are highest in the housing sector—nearly $84 billion. Following are the transportation sector—almost $78 billion, energy and mining—$68 billion, trade and industry—over $64 billion, and agriculture—over $55 billion. In all sectors, the costs for clearing debris and managing it will amount to nearly $13 billion.

Background. Earlier, Mind reported that the World Bank provided Ukraine with $31.8 billion in 2024. The funding was allocated to vulnerable populations, healthcare workers, educators, emergency service personnel, and civil servants.