KYIV, Feb 25 - The total cost of recovery in Ukraine as of December 31, 2024, is $486 billion over the next decade, which is approximately 2.8 times higher than Ukraine's projected nominal GDP for 2024, according to the updated Ukraine Recovery and Reconstruction Needs (RDNA4) released by the Ukrainian government, the World Bank Group, the European Commission and the UN on Tuesday.

“In the past year, Ukraine's recovery needs have continued to grow due to Russia’s ongoing attacks," said Prime Minister of Ukraine Denys Shmyhal.

Last year, the needs were estimated at $486 billion, and the year before that, $411 billion.