What is the war cost for Russia?
The Russian Federation is facing enormous pressure on its economy because of the full-scale invasion in Ukraine and sanctions imposed by various countries. Read here the latest estimations on the impact on its economy — updated daily as the war in Ukraine continues.
Who we are?
We are Ukrainian citizens, who were born to live in the independent Ukraine. We work in the top international firms located in Ukraine and decided to unite our analytical capacities to stop the war started by Russia on the 24th of February. Our purpose is to raise world awareness of what is currently happening in Ukraine, to deliver the world the real effect and cost of war both for Russia and Ukraine, and to present possible recommendations for the international community.
Real ways to stop the war in Ukraine
38.9 bn
Cost of destroyed equipment & military casual ties
Attack jets
Nr. of units destroyed
200Total Costs, USD bn
10.0
Artillery pieces
Nr. of units destroyed
577Total Costs, USD bn
0.9
Tanks
Nr. of units destroyed
1228Total Costs, USD bn
2.8
Armored vehicles
Nr. of units destroyed
3.0kTotal Costs, USD bn
2.9
Human personnel
Nr. of units destroyed
28kTotal Costs, USD bn
14.4
Warships and patrol boats
Nr. of units destroyed
8Total Costs, USD bn
1.7
Cruise missiles
Nr. of units destroyed
1913Total Costs, USD bn
3.8
Attacks helicopters
Nr. of units destroyed
165Total Costs, USD bn
2.4
Total cost of invasion
Costs of human personnel are estimated as average gross value added generated by worker (individuals 15-64 years old) per years, multiplied by the remaining productive life expectancy of the personnel.
Santions pressure:
Some in the West think sanctions are not going to stop Russia from waging the war in Ukraine. We, at EasyBusiness, Centre for Economic Recovery and CIVITTA argue otherwise. Outlining concrete steps to ensure sanctions work, this rigorous analytics provides answers to such major questions
Weekly Briefs
5-16-2022
Due to the restrictions on the Forex market and record-high commodity prices (oil, gas, agricultural staples), the inflow of foreign currency from Russian exports significantly exceeded the demand for foreign
5-9-2022
75 days of full-scale Russian invasion cost the Federation over USD 38.8 bn of direct military losses
5-2-2022
During the past week, the interbank ruble exchange rate has plummeted to the level of RUB 72 per USD, while shadow market ruble exchange rates remain at the level of
4-25-2022
The total market capitalization of Russian companies on the stock markets has slightly decreased to the level of USD 443 bn.
4-22-2022
Thursday, the interbank ruble exchange rate decreased once more to the level of RUB 82 per USD, (~4% lower than before the start of the invasion)
4-21-2022
The total market capitalization of Russian companies on the stock markets has increased by USD 18 bn.
4-20-2022
The Russian Federation continues to face pressure on its economy because of the full-scale invasion of Ukraine and sanctions imposed by various countries and private companies.
40%
This summary is prepared by CIVITTA and EasyBusiness experts in Ukraine in a workgroup coordinated by the Center for Economic Recovery. Read our full study on the economic impact on the war and ways to support Ukraine here. Contacts us for more information or for press inquires.
