Ukraine’s losses from Russia’s invasion have risen to $197.5 billion: Which sectors have been hit the hardest?
18 August 10:26
Direct damage to Ukraine’s infrastructure, housing, and businesses as a result of Russia’s full-scale invasion has risen to $197.5 billion, which is 16% higher than the November 2024 estimate. This is according to an assessment by the KSE Institute, prepared in collaboration with the Ministry of Community and Territorial Development and the Ministry of Economy of Ukraine (Ministry of Economy), as reported by "Komersant Ukrainian".
“Due to the lack of access to the occupied territories, the actual extent of the destruction may be higher. Damages incurred after February 2026 have not yet been included in this estimate,” the report states.
The Most Affected Sectors
- The housing sector suffered the greatest direct losses —$65.9 billion.
- Damage to transportation infrastructure is estimated at $42 billion.
- Damage to corporate assets in the industrial, construction, and service sectors amounts to $18.4 billion.
- The energy sector suffered $18.3 billion in losses.
- Another $12.2 billion was attributed to educational infrastructure
- $12.1 billion to the agro-industrial complex and land resources.
“In absolute terms, the estimated damage to the housing stock has increased the most—by $5.9 billion. Significant new damage has also been recorded in the energy sector, transportation infrastructure, and among corporate assets. At the same time, the increase in the number of Russian ballistic missile and drone attacks is expanding the geographic scope of risks and leading to further destruction of infrastructure in both frontline and rear regions of Ukraine,” the report states.
According to the KSE study, the residential sector remains the hardest hit—direct losses amount to $65.9 billion. In total, nearly 416,000 residential buildings have been destroyed or damaged. These include 352,000 single-family homes, 63,000 apartment buildings, and about 1,000 dormitories. The housing stock in cities in eastern Ukraine and in frontline regions suffered the most damage, though damage to housing has been recorded throughout the country.
“Direct damage to transportation infrastructure is estimated at $42 billion. The largest share of this damage is to roadways. Approximately 29,000 km of national, local, and municipal roads have been damaged or destroyed. Damage to Ukrzaliznytsia’s assets is estimated at $5 billion, to port infrastructure at $1.2 billion, and to the aviation industry at $2 billion,” the report states.
Industry, construction, and the service sector suffered $18.4 billion in direct losses. Since the start of the full-scale invasion, assets of approximately 12,600 enterprises—mostly small businesses—have been damaged or destroyed. Among them are also about 100 large and medium-sized private enterprises and about 500 state-owned enterprises. The metallurgy sector suffered the greatest losses, and from a regional perspective, nearly half of the estimated losses incurred by enterprises are concentrated in the Donetsk region.
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Losses in the Energy Sector
Direct losses in the energy sector have risen to $18.3 billion. Compared to the previous estimate, they have increased by 25%. The energy sector remains one of the sectors suffering significant new damage as a result of systematic Russian attacks on power generation facilities, transmission grids, and other critical infrastructure.
As noted in the study, damage to educational infrastructure is estimated at $12.2 billion. Nearly 4,800 educational institutions were damaged or destroyed as a result of hostilities . Secondary and preschool education institutions were hit the hardest. Damage to educational infrastructure has been recorded in 22 regions of Ukraine.
“Direct damage to the agro-industrial complex and land resources amounts to $12.1 billion. The largest share—over $7.1 billion—is attributable to the destruction and damage of agricultural equipment. Damage to agricultural product storage infrastructure is estimated at over $2 billion, and the value of destroyed and stolen produce is nearly $1.9 billion,” the statement reads.
Total direct losses from the destruction and damage to public sector facilities—including educational, scientific, and healthcare institutions, cultural and sports facilities, social infrastructure, and administrative buildings, are estimated at approximately $22.8 billion.
Specifically, direct losses in the healthcare sector amount to $4.5 billion, in culture, sports, and tourism—$4.5 billion, and in housing and utilities—$3.8 billion. Losses to digital infrastructure have risen to $1.8 billion.
“The assessment covers direct losses to physical assets resulting from their complete or partial destruction. The calculations were made in accordance with World Bank methodology, based on data from relevant government agencies, local administrations, official statistics, open data, and other available sources. Due to limited access to temporarily occupied territories and areas of active hostilities, the actual extent of the destruction may be higher,” the statement reads.
As noted in the statement, damage incurred after February 2026—in particular, as a result of intensified Russian missile attacks during the summer months—was not included in this assessment. The KSE Institute continues to refine its assessment of direct damages and is working on additional categories and scenario-based estimates of the potential scale of further destruction.
Environmental Damage from Russian Aggression
As a reminder, according to data from the State Environmental Inspection, between July 31 and August 7, 2026, the total amount of environmental damage caused by Russian aggression increased by 109.9 billion UAH. Between July 17 and 24, 2026, the total environmental damage inflicted on Ukraine by Russian armed aggression rose by 50.3 billion hryvnias.
In 2025, it was reported that the environmental damage caused by Russia’s full-scale war against Ukraine had reached nearly 85 billion euros.
Damage Registry
As previously reported, the “Dii” app has expanded the options for submitting claims to the international registry of damages. Two additional categories related to the consequences of Russian aggression after February 24, 2022, are now available.
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