Damage to Ukrainian businesses has risen nearly twice as fast as the country’s overall war-damage bill, according to the latest assessment by the KSE Institute.
Damage to enterprise assets jumped 28% to $18.4 billion as of February 2026 from the institute's previous assessment at the end of 2024, compared with a 16% increase in total physical damage to $197.5 billion. Energy infrastructure damage also outpaced the overall increase, rising 25% to $18.3 billion.
The faster increase contrasts with the two categories that still dominate Ukraine’s accumulated destruction, according to the study, published Aug 17. Damage to housing, the largest category at $65.9 billion, rose 10%, while transport infrastructure increased 9% to $42 billion.
