World Bank Says Ukraine’s Reconstruction Will Cost $411 Billion & Rising

The World Bank said in a new report that Ukraine’s reconstruction will cost at least $411 billion over the next ten years, a number that will rise as the war drags on.

The report said the $411 billion figure should be seen as a “minimum as needs will continue to rise as long as the war continues.”

Headquarters of the World Bank in Washington, DC. via Shutterstock

World Bank Vice President Anna Bjerde previously estimated the reconstruction would cost between $525 billion-$630 billion, but the report issued Wednesday was more precise and was produced jointly with the US and Ukrainian governments.

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