Over the past week, the amount of damage to Ukraine during the war increased by $3.1 billion

19 May 2022, 13:11 | Economy
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Over the past week, direct losses to the Ukrainian economy due to destruction and damage to civilian and military infrastructure have grown by $3.1 billion.. As of May 19, the total amount of direct documented damage to infrastructure is almost $97.. 4 billion or 2. 9 trillion hryvnia.

This is evidenced by the analysis carried out within the framework of the “Russia will pay” project by the team of the KSE Institute (an analytical division of the Kyiv School of Economics).

“For the third week in a row, losses from damaged and destroyed residential buildings as a result of hostilities continue to grow.. According to the latest estimates of project analysts, the amount of damage due to the destruction of the housing stock has increased by almost $3 billion.. As of May 19, 38 were destroyed or damaged due to the war.. 6 million square meters of housing in total for $33. 9 billion.

The total damage from destruction and damage to enterprises also increased by $207 million.? for the last week. In total, since the beginning of the war, at least 216 plants, factories and enterprises have been damaged for $10. 6 billion.

In addition, over the past week, another 75 educational institutions have been damaged and destroyed, since the beginning of the war there have been a total of 1067 such. Damage from damage and destruction of educational facilities is about $1.5 billion. According to the latest calculations within the framework of the Russia will pay project, the total number of destroyed or damaged cars is at least 94.5 thousand.



In total, at least 12 civilian airports, 295 bridges and bridge crossings, 591 kindergartens, 574 medical institutions, 108 religious and 179 cultural buildings, 169 warehouses and 19 shopping centers have been damaged, destroyed or captured since the beginning of the Russian war against Ukraine..

The overall losses of the Ukrainian economy as a result, according to the general estimates of the Ministry of Economy and KSE, taking into account both direct losses calculated in this project and indirect losses (GDP decline, investment cessation, labor outflow, additional defense and social support spending, etc.). ) range from $564 billion to $600 billion. "




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