The latest report by the World Bank, the United Nations, and the European Union indicates a drastic increase in the costs necessary for Ukraine's post-war reconstruction. The estimated amount has reached 588 billion dollars, equivalent to about 500 billion euros. This is almost three times the country's annual GDP and an increase of 12 percent compared to previous forecasts, reflecting the scale of destruction in infrastructure and the energy sector.
Cost increase of 12 percent
The new amount of 588 billion USD is 12 percent higher than estimates from a year ago, due to persistent frontline destruction.
Key sectors of losses
The largest funds are necessary for rebuilding homes, energy, transport, and protecting the health of residents.
Relation to the country's GDP
The estimated reconstruction cost currently amounts to nearly three times Ukraine's annual gross domestic product.
A joint report published by the World Bank, the government of Ukraine, the European Commission, and the UN presents a dramatic picture of war damage. As of December 31, 2025, the total cost of rebuilding destroyed infrastructure, housing and energy sectors, and demilitarization of civilian areas has risen to 588 billion dollars. The report published in February 2026 does not yet include losses from the first two months of the current year. This amount is 12 percent higher than a year ago, due to the continuation of Russian airstrikes and precise assessment of losses in previously inaccessible regions. The most serious damage concerns the energy grid, transport, and industry. Experts note that restoring the country to its pre-war state will take decades and will require an unprecedented mobilization of private and public capital. The housing sector suffered the most in terms of the scale of physical destruction, leaving millions of households without a roof over their heads. International institutions emphasize that reconstruction must be based on modern technologies so that Ukraine can become a modern and crisis-resilient state. After World War II, the Marshall Plan, aimed at rebuilding Europe, amounted to about 13 billion dollars at the time, which is a fraction of Ukraine's current needs converted to today's purchasing power. This event is crucial for the economic stability of Eastern Europe. Ukraine needs immediate funds not only for multi-year reconstruction but also for ongoing repairs of power plants and water supply systems, which are the target of systematic attacks. „Ukraine's needs for reconstruction and recovery have grown to $588 billion, reflecting the devastating impact of the ongoing war.” — World Bank The report's authors warn that without ensuring stable funding, Ukraine's development gap with the rest of the continent will widen, and the process of integration with the European Union will slow down significantly due to technical and infrastructural reasons.