Gaza infrastructure damages estimated at $18.5bn in UN-World Bank report

Israel's war in Gaza has damaged or destroyed approximately 62 percent of all homes in Gaza, equivalent to 290,820 housing units [Omar El Qattaa/Anadolu via Getty Images]

The cost of damage to critical infrastructure in the first four months of Israel’s continuing war on Gaza is estimated at about $18.5bn, a new report by the World Bank and the United Nations has found.

The report estimated that the damage was equivalent to 97 percent of the combined GDP of the occupied West Bank and Gaza in 2022.