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By the Numbers: How Much Has the War Cost Russia and Ukraine on the Third Anniversary of the Conflict?

By Sama Marwan,

On February 24, 2025, the third anniversary of the ongoing Russia-Ukraine war arrives, as former U.S. President Donald Trump has vowed to bring the conflict to an end soon.

Russia

  • Human Losses:
    According to Ukrainian estimates, total Russian military losses since the beginning of the war amount to approximately 792,170 soldiers killed or wounded as of January 1, 2025.

  • Financial Costs:
    Russia’s military expenditures since the war began are estimated to have reached $320 billion, averaging around $320 million per day.

Ukraine

  • Human Losses:
    Ukrainian military losses are estimated at over 100,000 soldiers killed or wounded.

  • Economic Impact:
    The Ukrainian economy contracted by nearly one-third in 2022, and the cost of reconstruction and recovery is estimated at $486 billion as of the end of December 2023.

International Support for Ukraine

Ukraine has received substantial financial and military assistance from Western countries.

  • As of March 2024, total aid to Ukraine amounted to $170 billion, with an additional $100 billion provided within the same year.

  • In February 2025, the European Union is in talks to approve an additional €20 billion ($20.9 billion) military aid package for Ukraine.

The war continues to impose severe economic and military burdens on both countries, while international efforts persist in seeking a peaceful resolution to the conflict.

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