Asked in World War 1War and Military HistoryDisneySydney Opera House
What was the rebuilding cost after world war 1?
December 14, 2012 8:49PM
It is very hard to put a precise figure on that. After WWI, the Allies set the figure for their own damages on 22 billion pound sterling - at the much higher value the Pound Sterling had then compared to today's value. At the time it was however generally assumed that this amount also included 'punitive' damages.
Germany as the defeated party of course never was invited to assess its own damages.
Germany formally paid off the last of its WWI damage payments in 2010.