World Bank: Ukraine requires $ 524 billion to recover by 2034

The World Bank estimated Ukraine's needs for restoration and reconstruction in the amount of $ 524 billion by 2034. The living sector, transport and energy, which are valued at $ 176 billion, suffered the biggest losses.

Such data are contained in the updated rapid assessment of the damage caused and the needs for recovery (RDNA4) published by the World Bank.

As of December 31, 2024, the need for restoration and reconstruction over the next decade is estimated at almost $ 524 billion; This includes needs in both public and private sectors

- the report is said.

As noted in the UN representation in Ukraine, the current estimate, three years after the full -scale invasion of the Russian Federation into Ukraine, is about 2.8 times higher than the projected nominal GDP of Ukraine for 2024.

According to the UN representation, in 2025, with the support of donors, the Government of Ukraine allocated $ 7.37 billion (7.12 billion euros) to solve priority tasks in areas such as housing, education, health care, social protection, energy, transportation, water supply, demining and civil protection. “The total deficit of financing the needs for restoration and rebuilding in 2025 is $ 9.96 billion (9.62 billion euros). The mobilization of the private sector remains critical for the successful restoration of Ukraine, ”the message reads.

RDNA4 estimation, which covers the damage caused in almost three years from February 24, 2022 to December 31, 2024, demonstrates that direct damage in Ukraine has currently reached $ 176 billion ($ 170 billion), compared to $ 152 billion ($ 208 billion) in RDNA3.

Which sectors were affected most

The most affected sectors are the residential sector, transport, energy, trade and industry, as well as education.

According to the current estimate, 13% of the total housing stock was damaged or destroyed, which was affected by more than 2.5 million households.

In the energy sector, the number of damaged or destroyed objects has increased by 70 percent from the moment of RDNA3, including production, transmission, distribution infrastructure and centralized heat supply.

About 72% of the general damage falls on all sectors closest to the line of contact of the regions (Donetsk, Kharkiv, Lugansk, Zaporizhia and Kherson), as well as the Kiev region.

Where do you need the most money

From the total amount of needs for the long run, the needs for rebuilding and recovery are the highest in the residential sector, almost $ 84 billion ($ 81 billion). The following are the transport sector, almost $ 78 billion (€ 75 billion), energy and mining, it is almost $ 68 billion (66 billion euros), trade and industry, more than $ 64 billion (62 billion euros) and agriculture, over $ 55 billion). In all sectors, the costs of clearing the residues of destruction and managing them reach almost $ 13 billion (12.6 billion euros).

The assessment defines and excludes the need for more than $ 13 billion (12.6 billion euros) in eight sectors, which Ukraine has already satisfied with the support of partners and private sector. For example, according to the Government, at least $ 1.2 billion (EUR 1.1 billion) was allocated for the restoration of the housing sector and at the expense of donor funds. Emergency repairs of more than 2,000 km of roads, highways and other roads of national importance were carried out.

The private sector has satisfied some of the urgent needs, which, as noted, emphasizes its important role in the process of recovery and restoration. “Many companies have begun to invest in repair work and increase stability, in particular with the help of distributed generation, such as gas power plants, solar panels and biogas. According to preliminary IFC estimates, the private sector can potentially provide a third of the general needs, which is a significant addition to government investment, ”the message states.

RDNA4 also emphasizes that the priority of investment in restoration and rebuilding will be crucial for Ukraine's accession to the EU and its long -term stability. These efforts are aimed at restoring the country's infrastructure, reviving its economy and strengthening the institutional structure in accordance with EU standards. Recovery makes it possible not only to restore the ongoing invasion, but also to rebuild the country on the principle of "better", by introducing innovative decisions and reforms that are responsible for requests for EU membership. The conclusions of RDNA4 supplement the reform and investment program of Ukraine's plan for the next three years.

The assessment emphasizes the extraordinary harm that Russia caused Ukraine. The EU has already supported the reconstruction and restoration of Ukraine by mobilizing more private investment through Ukraine Investment Framework and helping the country integrate more deeply into a single EU market. This will be the key to Ukraine's restoration and will create new opportunities for Ukrainian and European businesses

Said the EU Commissioner on the neighborhood and expansion of Martha Kos.
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