List of disasters by cost

Disasters can be particularly notable for the high costs associated with responding to and recovering from them. This page lists the estimated economic costs of relatively recent disasters.

This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by expanding it with reliably sourced entries.

The costs of disasters vary considerably depending on a range of factors, such as the geographical location where they occur. When a large disaster occurs in a wealthy country, the financial damage may be large, but when a comparable disaster occurs in a poorer country, the actual financial damage may appear to be relatively small. This is in part due to the difficulty of measuring the financial damage in areas that lack insurance. For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of over 230,000 people, cost a 'mere' $15 billion,[1] whereas in the Deepwater Horizon oil spill, in which 11 people died, the damages were six-fold.

Note: All damage figures are listed in billions of United States dollars.

List of disasters by cost
Cost in billions USD Cost (2017-2018)[2] Fatalities Event Type Year Nation
$360[3] $411.3 15899 2011 Tōhoku earthquake and tsunami Earthquake, Tsunami 2011 Japan
$197[4] $329.8 5502 – 6434 Great Hanshin earthquake Earthquake 1995 Japan
$148[5] $176.4 87587 2008 Sichuan earthquake Earthquake 2008 China
$125[6] $164.9 1245 – 1836 Hurricane Katrina Tropical cyclone 2005 United States
$125[6] $129.5 107 Hurricane Harvey Tropical cyclone 2017 United States
≥$91.6[6] ≥$94.9 3057 – 8498[7] Hurricane Maria Tropical cyclone 2017 North America (, , , others)
$68.7[6] $76.3 233 Hurricane Sandy Tropical cyclone 2012 North America (, , , others)
$64.8[6] $66.5 134 Hurricane Irma Tropical cyclone 2017 North America (, , , others)
$60 – $100[8] $69.7 – $116.1 11 Deepwater Horizon oil spill Contamination (Oil) 2010 United States
$53.25[9] $115.8 4800 – 17000 1988–89 North American drought Drought 1988 United States, Canada
$49.6 – $56.1[10] $53.3 – $60.3 104 2012–13 North American drought Drought 2012 United States, Canada
$49[11] $81 57 1994 Northridge earthquake Earthquake 1994 United States
$45.7[12] $49.8 815 2011 Thailand floods Flood 2011 Thailand
$40[13] $44.6 185 2011 Christchurch earthquake Earthquake 2011 New Zealand
$50 – $433[14] $113 – ~$700 31 – 46 Chernobyl disaster Contamination (Radiation) 1986 Soviet Union (, )
$38[6] $43.3 214 Hurricane Ike Tropical cyclone 2008 North America (, , , others)
$28[15][16] $36.2 68 2004 Chūetsu earthquake Earthquake 2004 Japan
$27.4[6] $34.4 87 Hurricane Wilma Tropical cyclone 2005 North America (, , , others)
$27.3[6] $47.6 65 Hurricane Andrew Tropical cyclone 1992 United States
$26.1[6] $33.9 124 Hurricane Ivan Tropical cyclone 2004 North America (, , , others)
$25.1[17] $25.1 74 Hurricane Michael Tropical cyclone 2018 North America (, , , others)
$24.0[10] $24.5 103 2018 California wildfires Wildfire 2018 United States
$21.8 – $135[18] $30.2 – $186.9 2996 September 11 terrorist attacks Terror attack 2001 United States
$18.5[6] $23.2 97 – 125 Hurricane Rita Tropical cyclone 2005 United States
$19.2 $24.6 110 2002 European floods Flood 2002 Central Europe (, , , others)
$17.6[19] $23.9 140 Cyclones Lothar and Martin European windstorm 1999 Western Europe (, , , others)
$16.9[6] $21.9 35 Hurricane Charley Tropical cyclone 2004 North America (, , )
$15.8[20] $17 27 2012 Northern Italy earthquakes Earthquake 2012 Italy
$15.1[21][22] $15.4 603 Hurricane Matthew Tropical cyclone 2016 North America (, , , others)
$15 – $20[23] $25.6 – $34.1 47 Great Flood of 1993 Flood 1993 United States
$15.0[24] $28.8 197 Cyclones Daria, Vivian, and Wiebke European windstorm 1990 Western Europe (, , , others)
$15[1] $19.4 230000 – 280000 2004 Indian Ocean earthquake and tsunami Earthquake, Tsunami 2004 Southeast Asia (, , , others)
$14.2[6] $15.5 58 Hurricane Irene Tropical cyclone 2011 North America (, , , others)
$13.4[25] - 84-120 Cyclone Amphan Tropical cyclone 2020 India
$12.9[26] $14.7 138366 Cyclone Nargis Tropical cyclone 2008 Myanmar
$12.7[27] $13.2 130 November 2015 Paris attacks Terror attack 2015 France
$11.6 – $18.9[28] $17 – $27.7 17118 – 17127 1999 İzmit earthquake Earthquake 1999 Turkey
$10.4[29] $11 12 Typhoon Fitow Tropical cyclone 2013 China
$10.2[10] $11.1 348 2011 Super Outbreak Tornado 2011 United States
$10 – $15[30] $10.3 – $15.4 13 2016 Louisiana floods Flood 2016 United States
$10[10] $29.6 1700 – 10000 1980 United States heat wave Drought 1980 United States
$10[31] $18 64 Typhoon Mireille Tropical cyclone 1991 Japan
$10[24] $12.1 44 Cyclone Kyrill European windstorm 2007 Western Europe (, , , others)
$10[10] $11.3 16 June 2008 Midwest floods Flood 2008 United States
$9.8[6][32][33][34] $12.7 50 Hurricane Frances Tropical cyclone 2004 North America (, )
$9.5[6] $18.7 60 Hurricane Hugo Tropical cyclone 1989 North America (, , , others)
$9.5[35][36] $9.7 2 2016 Fort McMurray Wildfire Wildfire 2016 Canada
$9.4[6] $14.1 604 Hurricane Georges Tropical cyclone 1998 North America (, , , others)
$9.4[37] $9.4 44 October 2017 Northern California wildfires Wildfire 2017 United States
$9[38] $11.7 28 Typhoon Songda Tropical cyclone 2004 Japan
$8.5[6] $11.8 55 Tropical Storm Allison Tropical cyclone 2001 United States
8.3[6] $9.5 153 Hurricane Gustav Tropical cyclone 2008 North America (, , , others)
$8.1[39] – $14[40] $9.2 – $16 100000 – 220000 2010 Haiti earthquake Earthquake 2010 Haiti
$7.9[6] $10.3 3035 Hurricane Jeanne Tropical cyclone 2004 North America (, , , others)
$7.13[41] $7.4 196 Typhoon Rammasun Tropical cyclone 2014 Southeast Asia (, , , others)
$7[42] $13.8 0 Exxon Valdez oil spill Contamination (Oil) 1989 North America (, )
$6.5[6] $9.6 74 Hurricane Floyd Tropical cyclone 1999 North America (, , )
$6.2[43] $6.2 630 2017 Iran–Iraq earthquake Earthquake 2017 Iran Iraq
$6.2[44] $7.1 789 Typhoon Morakot Tropical cyclone 2009 Southeast Asia (, , , others)
$6.1[6] $9.1 11374+ Hurricane Mitch Tropical cyclone 1998 North America (, , , others)
$6.1[24] $7 75 Cyclone Xynthia European windstorm 2010 Southeastern Europe (, , , others)
$6.01[45] $8.6 75 Typhoon Prapiroon Tropical cyclone 2000 Southeast Asia (, , , others)
$6[24] $7.01 26 Cyclone Klaus European windstorm 2009 Southeastern Europe (, , , others)
$6[46] $6.3 5 2013 Alberta floods Flood 2013 Canada
$5.5[24] $7.1 24 Cyclone Gudrun European windstorm 2005 North Europe (, , , others)
$5.5[6] $7.3 51 Hurricane Isabel Tropical cyclone 2003 United States
$5[47] $11.4 10000 – 35000 1985 Mexico City earthquake Earthquake 1985 Mexico
$5[48] $7.9 284 – 590 Typhoon Herb Tropical cyclone 1996 China
$4.7[6] $7.6 63 Hurricane Opal Tropical cyclone 1995 North America (, , , others)
$4.6[49][50][51] $4.8 6329 – 7403 Typhoon Haiyan Tropical cyclone 2013 Southeast Asia (, , , others)
$4.4[52] $5.2 78 Cyclone Gonu Tropical cyclone 2007 Oman
$4.2[53] $4.4 123 Hurricane Manuel Tropical cyclone 2013 Mexico
$4.1[10] $5.8 42 Tornado outbreak sequence of May 2003 Tornado 2003 United States
$4[24] $8.8 22 Great Storm of 1987 European windstorm 1987 Western Europe (, , , others)
$3.2[54] $6.9 7 Cyclone Yasi Tropical cyclone 2011 AUS}} Australia
$3.6[55] $4.1 7[56] Space Shuttle Challenger disaster Space flight accident 1986 United States
$3.1[6] $5.4 6 Hurricane Iniki Tropical cyclone 1992 United States
$2 – $4[57] $2 – $4 370 2017 Central Mexico earthquake Earthquake 2017 Mexico
$3.0[6] $6.2 318 Hurricane Gilbert Tropical cyclone 1988 North America (, , , others)
$2.9[10] $3.1 22 June 2012 North American derecho Severe storm 2012 United States
$2.9[10] $2.9 3 2019 Midwestern U.S. floods Flood 2019 United States
$2.8[58] $3.1 158 2011 Joplin tornado Tornado 2011 United States
$2.68[59] $3.7 29 AZF chemical plant explosion Explosion 2001 France
$2.5[10] $2.5 8 Tornado outbreak sequence of May 2019 Tornado 2019 United States
$2.5[10] $2.5 2 2017 Montana wildfires Drought, Wildfire 2017 United States
$2.5[10] $2.5 0 2017 Minneapolis hailstorm Hailstorm 2017 United States
$2.2[10] $2.2 0 2017 Denver hailstorm Hailstorm 2017 United States
$2.1[10] $2.1 0 Tornado outbreak of March 6–7, 2017 Tornado 2017 United States
$2[60] $2.2 33 Costa Concordia disaster Maritime disaster 2012 Italy
$1.4[61] $1.4 44 Cyclone Winston Tropical cyclone 2016 Fiji
$1.24 – $2[62] $1.7 – $2.7 15 Cedar Fire Wildfire 2003 United States
$1.1[63] $3.8 0 Three Mile Island accident Contamination (Radiation) 1979 United States
$1[64] $2.3 22540 Armero tragedy Volcano 1985 Colombia
$0.9[65] $0.9 14 2016 Great Smoky Mountains wildfires Wildfire 2016 United States
$0.8 – $1.1[66] $3.6 – $4.9 71 Cyclone Tracy Tropical cyclone 1974 Australia
$0.8 – $1.3[67] $0.9 – $1.4 0 2014 Paris Hailstorm Hailstorm 2014 France
$0.7[68] $1.3 800 1991 Mount Pinatubo eruption Volcano 1991 Philippines
$0.7[69] $0.8 1 2011 Slave Lake wildfire Wildfire 2011 Canada

References
  1. "Costs beyond measure". Archived from the original on 29 November 2014. Retrieved 15 November 2014.
  2. "CPI Inflation Calculator". data.bls.gov.
  3. John Pike. "Japan Tsunami Damage Cost Could Top $300 Billion". Retrieved 15 November 2014.
  4. "Data" (PDF). cidbimena.desastres.hn. 2006.
  5. "FACTBOX-China's recent measures to spur growth". News.alibaba.com. November 6, 2008. Retrieved November 2, 2009.
  6. "Costliest U.S. tropical cyclones tables update" (PDF). National Hurricane Center. Retrieved 28 January 2018.
  7. Kishore, Nishant; Marqués, Domingo; Mahmud, Ayesha; Kiang, Mathew V.; Rodriguez, Irmary; Fuller, Arlan; Ebner, Peggy; Sorensen, Cecilia; Racy, Fabio; Lemery, Jay; Maas, Leslie; Leaning, Jennifer; Irizarry, Rafael A.; Balsari, Satchit; Buckee, Caroline O. (29 May 2018). "Mortality in Puerto Rico after Hurricane Maria". New England Journal of Medicine. 379 (2): 162–170. doi:10.1056/nejmsa1803972. ISSN 0028-4793. PMID 29809109.
  8. "DH costs" (PDF). www.rff.org.
  9. "Impacts of Recent Climate Anomalies: Losers and Winners" (PDF). Retrieved 2018-07-24.
  10. Adam.Smith@noaa.gov. "Billion-Dollar Weather and Climate Disasters: Table of Events - National Centers for Environmental Information (NCEI)". www.ncdc.noaa.gov.
  11. "Northridge Earthquake: 1994 quake still fresh in Los Angeles minds after 20 years". 11 January 2014.
  12. "The World Bank Supports Thailand's Post-Floods Recovery Effort". World Bank. 13 December 2011. Archived from the original on 13 January 2012. Retrieved 25 January 2012.
  13. "Christchurch rebuild to cost $10b more". Archived from the original on 2013-10-14. Retrieved 2017-11-07.
  14. "Chernobyl cost report" (PDF). uscglobalhealth.files.wordpress.com. 2016.
  15. "Significant Earthquake Database". NOAA National Centers for Environmental Information. National Oceanic and Atmospheric Administration. Retrieved 20 May 2015.
  16. Guha-Sapir, Debarati; Santos, Indhira; Borde, Alexandre (2013). The Economic Impacts of Natural Disasters. Oxford: Oxford University Press. p. 252. ISBN 978-0-19-984193-6.
  17. "Assessing the U.S. Climate in 2018". National Centers for Environmental Information (NCEI). 2019-02-06. Retrieved 2019-08-27.
  18. Security, IAGS, Institute for the Analysis of Global. "The Cost of September 11". www.iags.org.
  19. "Looking Back, Looking Forward: Anatol, Lothar and Martin Ten Years Later".
  20. "Significant Earthquakes Full Search, sort by $Millions Damage, Date". www.ngdc.noaa.gov. Retrieved 2015-10-08.
  21. "Hurricane Matthew economic damage nears $6 billion". USA Today. Retrieved October 8, 2016.
  22. "Data" (PDF). thoughtleadership.aonbenfield.com.
  23. "The Great Flood of 1993". mo.water.usgs.gov.
  24. "Data" (PDF). catastropheinsight.aonbenfield.com.
  25. "Cooper puts Hurricane Florence damage at $13 billion". WITN. Associated Press. October 10, 2018. Retrieved October 14, 2018.
  26. "Asian bloc to handle Burma aid". Toronto Star. 19 May 2008. Retrieved 19 May 2008.
  27. "Paris attacks: assembling an economic analysis". www.blogs.jbs.cam.ac.uk.
  28. Bibbee, A., et al. (2000), "Economic Effects of the 1999 Turkish Earthquakes: An Interim Report", OECD Economics Department Working Papers, No. 247, OECD Publishing, Paris. https://dx.doi.org/10.1787/233456804045
  29. Zhenghua, Wang. "Closing the floodgates to disaster". China Daily. Retrieved 26 September 2017.
  30. REPORT, ADVOCATE STAFF. "Louisiana flooding will cost U.S. economy more than $10 billion".
  31. "Loss events in Asia 1980 – 2013" (PDF). Munich Re. May 2014. Retrieved 2015-04-06.
  32. Hurricane Committee (August 12, 2005). Twenty-seventh Session (March 31 to April 5, 2005) (PDF) (Final Report). World Meteorological Organization. Archived from the original (PDF) on November 27, 2012. Retrieved August 4, 2013.
  33. Beven II, John L; National Hurricane Center (December 17, 2004). "Hurricane Frances August 24 – September 10" (Tropical Cyclone Report). National Oceanic and Atmospheric Administration. Archived from the original on August 1, 2013. Retrieved August 4, 2013.
  34. Hurricanes Charley, Frances, Ivan & Jeanne Caribbean Impact (PDF) (Speciality Property Briefing). Guy Carpenter and Company. August 12, 2005. Archived from the original (PDF) on November 3, 2006. Retrieved August 4, 2013.
  35. "Quantifying disaster". MacEwan News. 2017-01-20. Retrieved 2017-08-30.
  36. "Costs of Alberta wildfire reach $9.5 billion: Study". Business News Network. 2017-01-17. Retrieved 2017-08-30.
  37. Dale Kasler (December 8, 2017). "Wine country wildfire costs now top $9 billion, costliest in California history". The Sacramento Bee. Retrieved December 11, 2017.
  38. International Disaster Database: Disaster List Archived September 23, 2010, at the Wayback Machine. 2010. Retrieved on August 6, 2010.
  39. Cavallo, Eduardo; Powell, Andrew; Becerra, Oscar (2010). "Estimating the Direct Economic Damages of the Earthquake in Haiti*". The Economic Journal. 120 (546): F298–F312. doi:10.1111/j.1468-0297.2010.02378.x.
  40. Sheridan, Mary Beth (17 February 2010). "Haiti earthquake damage estimated up to $14 billion" – via www.washingtonpost.com.
  41. Effects of Tropical Storm Glenda (PDF) (Final Report). National Disaster Risk Reduction and Management Council. October 23, 2014. pp. 12, 13, 43, 44, 45. Archived (PDF) from the original on April 6, 2015. Retrieved April 6, 2015.
  42. "Oil Spills by the Numbers - Center for American Progress". 30 April 2010.
  43. "Iran earthquake caused damage worth €5 billion". www.hindustantimes.com. 2017-11-17. Retrieved 2018-04-09.
  44. Annie Huang, Gillian Wong and Christopher Bodeen (2009-08-11). "Taiwan military rescues some 300 typhoon victims". Associated Press. Archived from the original on August 11, 2009. Retrieved 2009-08-11.CS1 maint: unfit url (link)
  45. Guha-Sapir, Debarati; Hargitt, David; Hoyois, Philippe (2004). Thirty Years of Natural Disasters 1974–2003: The Numbers. Center for Research on the Epidemiology of Disasters. p. 42. ISBN 9782930344713. Retrieved 26 September 2017.
  46. Wood, James. "Province boosts cost of Alberta floods to $6 billion".
  47. "Thirty years ago: the 1985 Mexico City earthquakes, a major disaster - Geo-Mexico, the geography of Mexico". geo-mexico.com.
  48. Joint Typhoon Warning Center. 1996 Pacific Typhoon Tropical Cyclone Report: Chapter 3. Archived 2011-06-07 at the Wayback Machine Retrieved on 2007-01-07.
  49. "Typhoon Haiyan Leaves 7 Dead in South China". China Radio International. November 12, 2013. Retrieved November 12, 2013.
  50. "Final Report RE: Effects of Typhoon "Yolanda" (Haiyan)" (PDF). NDRRMC. December 11, 2013. Retrieved May 6, 2016.
  51. "台湾でも台風30号の被害 養殖カキに約17億円規模の損害". フォーカス台湾. 2013-11-12. Retrieved 2013-11-12.
  52. India Meteorological Department (January 2008). "Report on Cyclonic Disturbances over North Indian Ocean during 2007". Archived from the original on November 26, 2008. Retrieved April 18, 2010.
  53. Pasch, Richard J; Zelinsky, David A (January 6, 2014). Tropical Cyclone Report: Hurricane Manuel: September 13 – 19, 2013 (PDF) (Report). United States National Hurricane Center. Archived from the original (PDF) on May 16, 2014. Retrieved May 16, 2014.
  54. "Challenger Cost: $3.2 Billion". latimes.
  55. https://www.reuters.com/article/insured-losses-yasi/cyclone-yasi-to-cost-insurers-aus-3-5-bln-forecaster-idUSLDE7121NR20110203=. Missing or empty |title= (help)
  56. Pruitt, Sarah. "5 Things You May Not Know About the Challenger Shuttle Disaster". HISTORY. Retrieved 2020-06-25.
  57. "Economic Costs of Mexico's Earthquake Could Surpass $2B". 29 September 2017.
  58. "Damage from Joplin, Mo., tornado: $2.8 billion".
  59. ttg2n8. "AZF Ammonium Nitrate Explosion". webcache.googleusercontent.com.
  60. Editorial, Reuters. "Costa Concordia capsizing costs over $2 billion for owners".
  61. Tuilevuka, Nacanieli. "$2.98 billion damage caused by TC Winston". Newswire. Archived from the original on 17 June 2016. Retrieved 24 May 2016.
  62. Fischetti, Mark. "How Much Do Wildfires Cost in Terms of Property Damage?".
  63. Press, The Associated. "14-Year Cleanup at Three Mile Island Concludes".
  64. Camp, Vic. "How Volcanoes Work – the Nevado del Ruiz eruption". SDSU Department of Geological Sciences. San Diego State University. Retrieved July 20, 2010.
  65. >Ahillen, Steve. "Gatlinburg wildfires, six months later: fire costs, donations". USA Today Network. Retrieved August 27, 2019.
  66. "Tropical Cyclone Extremes". www.bom.gov.au.
  67. "Le vrai coût des orages de grêle: un milliard d'euros". 19 June 2014.
  68. Program, Volcano Hazards. "Volcanic Ash Impacts & Mitigation - Pinatubo 1991". volcanoes.usgs.gov.
  69. "Slave Lake fires 2nd costliest insured disaster". CTV News. 2011-07-05. Retrieved 2011-07-05.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.