How much did deadliest 12-day conflict of 2025 cost, know who lost more

The 12-day Iran-Israeli war caused more than 40 billion US dollars, deeply damaged both economies and left long-term regional impacts.
After the shortest but most expensive battle of 2025
Modern wars in the 21st century are not only destructive, but also incredibly expensive. The last 12 -day war between Iran and Israel is a strong example of this. Although a fragile ceasefire is currently present, both countries count the financial losses that have reached billions of dollars. The fight caused widespread damage to the infrastructure and gave a serious blow to its economies, especially its already under pressure from Western sanctions.
According to Defense Specialist Andreas Krieg, Iran may have lost close to 6-9% of its GDP, and the total damage is estimated between $ 24 billion and US $ 35 billion. Iran’s nuclear facilities have been harshly shot by attacks from Israel and the United States, and it may take a long time for the country to reclaim its nuclear capabilities. Furthermore, oil exports for the Iranian economy have been influenced by strikes on key energy installations. This deterioration will slow down hope for a rapid healing for Iran.
Faced with the most expensive conflict in the history of Israel
Israel suffered intensively. Bloomberg reported that Iran’s missile damage may cost more than $ 3 billion, including reconstruction of the infrastructure and compensation for local enterprises. Shay Ahaaronovich, President of the Israeli Tax Authority, said this was the worst destruction of the country.
Finance Minister Bezalel Smotrich previously claimed that the war could cost US $ 12 billion, Israel Governor Amir Yaron offered to estimate about $ 6 billion. In order to manage a financial crisis, the Israeli government is considering spending interruptions, tax increases and borrowing mixture that can force public debt to more than 75% of GDP. While making a request of US $ 857 million for emergency defense financing, $ 200 million in sectors such as health, education and social welfare are proposed, and the movements that trigger public criticisms.
Another controversial movement was reported to impose a travel ban on Jewish citizens to prevent the exit of Israel, money and people.
US Participation and Operation Midnight Hammer
The United States also played a role. Former president Donald Trump, Natanz, Fordow and Isfahan, such as Iranian nuclear facilities against a major air strike Midnight Hammer operation was authorized. The operation, which contains 125 aircraft and multiple missiles, is believed to have US $ 1-2 billion.
The war is over, but the effect continues
Although the fight stops for now, the effects of the war are far from ending. In total, early estimates show that the cost of this short but intensive conflict can go beyond US $ 40 billion in Iran, Israel and the United States. Beyond the money, the war changed regional security and political relations in West Asia.
Although the sky is now quiet, it will be felt for years when this war increases economically and politically.