Report According to a new World Bank report on damage and needs assessment, the total indirect financial losses to Ukraine amount to about US$589 billion.
This was reported in a Telegram by the Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Getmantsev, citing data from the new Rapid Assessment of Damage and Recovery Needs (RDNA4), Ukrinform reports.
“The total economic, social and other monetary losses amount to about $589 billion, which significantly exceeds the damage to assets. More losses are in trade and industry (about $214 billion, or 36% of the total losses),” the report says.
The agricultural sector suffered damages amounting to $73 billion (12%), the energy and mining industry – $72 billion (12%), and transport – $47 billion (8%).
The largest net increase in losses was recorded in trade and industry (+$41 billion), as well as in energy and mining (+$18 billion).
Other sectors that recorded increased losses included justice and public administration (+68%), social protection (+52%), culture and tourism (+49%), and education and science (+40%).
As with the preliminary estimates, the overall loss figures in RDNA4 do not include lost household income, which is separately estimated at more than $73 billion.
As reported, according to RDNA4, direct damage to Ukraine as a result of Russian aggression has grown to $176 billion, compared to $152 billion according to last year's estimate. The housing sector, transport infrastructure, energy, industry and education suffered the most.