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World Bank estimates damage to Gaza critical infrastructure at...

The World Bank estimates that the Israel-Hamas war has caused around $18.5 billion in damage to Gaza's critical infrastructure, equivalent to 97 percent of the combined economic output of the West Bank and Gaza in 2022. The damage has affected every sector of the economy, with housing destruction accounting for over 70 percent of the estimated costs. The war has also resulted in a high number of civilian deaths and displacement, with heavy aerial bombardment and ongoing ground operations reducing many areas of Gaza to rubble. The report highlights the urgent need for increased humanitarian assistance, food aid, and the resumption of essential services.

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