The World Bank has estimated Ukraine's reconstruction needs at $588 billion, according to the Ministry of Development.

Katerina Melnychenko
Katerina Melnychenko Deputy Editor-in-Chief
The World Bank has estimated Ukraine's reconstruction needs at $588 billion, according to the Ministry of Development.
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Ukraine's total needs for restoration and reconstruction over the next 10 years are estimated at $588 billion. This is $64 billion more than the previous estimate and almost three times Ukraine's nominal GDP for 2025.

This was reported by The Public, citing the Ministry of Community and Territorial Development of Ukraine and the World Bank's assessment (RDNA5).

According to the fifth joint assessment of damage and needs (RDNA5) prepared by the World Bank, the European Commission, the UN, and the Ministry of Community and Territorial Development of Ukraine, the transport sector requires the largest amount of funding. More than $96 billion is needed to modernise roads, railways, and ports over the next decade.

The needs of the housing sector are estimated at $90 billion. According to the assessment, about 14% of Ukraine's housing stock has been destroyed or damaged. At the same time, the needs of the energy and water sectors amount to $17.5 billion.

Deputy Prime Minister for Recovery and Minister of Community and Territorial Development of Ukraine Oleksiy Kuleba said that $15.25 billion is needed to implement priority projects in 2026. Currently, $5.8 billion in funding has been secured, while the shortfall is $9.5 billion.

According to the Ministry of Community and Territorial Development of Ukraine, there is a critical funding shortfall in the heat supply sector. Of the $1.6 billion needed for 2026, less than 1% has been financed. There is also a significant gap between needs and funding in the energy, housing and transport sectors, where only about a third of the necessary funds are covered.

The ministry noted that in the context of the war, three key priorities for recovery have been identified: ensuring the energy sustainability of communities, restoring the housing stock, and supporting the logistics infrastructure.

The RDNA5 report covers the period from 24 February 2022 to 31 December 2025 and was prepared jointly by the World Bank, the European Commission, the United Nations and the Government of Ukraine.

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