Infrastructure war damage in Ukraine 2022-2023, by sector

The damage to housing facilities from the Russian invasion of Ukraine was estimated at 56 billion U.S. dollars between February 24, 2022, and December 31, 2023. Further 34 billion U.S. dollars were recorded in losses from damages to transportation. The total war damage of Ukraine was estimated at 152 billion U.S. dollars over that period.

War impact on the Ukrainian economy

Ukraine’s gross domestic product (GDP) fell by 29 percent in 2022 as a result of the Russian invasion and was expected to grow by four percent in between 2023 and 2024. On the one hand, the country suffers from damage to its infrastructure which would require time and financial resources to be restored. On the other hand, the war threatens Ukraine’s international trade. The military actions disrupt the routes used for transporting goods for exports and imports. In July 2022, a deal has been signed between Russia and Ukraine in Istanbul to provide for a corridor for Ukrainian grain exports via the Black Sea; however, it was suspended a year after.

Which are the largest industries of Ukraine?

Wholesale and retail trade occupied the largest share of GDP of Ukraine, at nearly 14 percent in 2021. Agriculture, having ranked second with over 10 percent, was another major sector, especially important for export trade. The value added by agriculture, forestry, and fishing reached nearly 11 percent of Ukraine’s GDP in 2021.