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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.

The costs of disasters vary considerably depending on a range of factors, such as the geographical location where they occur. When a disaster occurs in a densely populated area in a wealthy country, the financial damage might be huge, but when a comparable disaster occurs in a densely populated area in a poorer country, the actual financial damage might be relatively small, in part due to a lack of 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 Cost (2017)[2] Fatalities Event Type Year Nation
$360[3] $397.6 15894 2011 Tōhoku earthquake and tsunami Earthquake, Tsunami 2011 Japan Japan
$198.63[4] $198.63 91 Hurricane Harvey Tropical cyclone 2017 United States United States
$197[5] $323.5 59685502 – 6434 Great Hanshin earthquake Earthquake 1995 Japan Japan
$148[6] $168.6 87587 2008 Sichuan earthquake Earthquake 2008 China China
$133$108[7] – $158[4] $167.1$135.7 – $198.6 15411245 – 1836 Hurricane Katrina Tropical cyclone 2005 United States United States
$103.45[8] $103.45 1,236103 – 1,133 Hurricane Maria Tropical cyclone 2017 North America (United States, Dominica, Guadeloupe, others)
$100[9] $100 134 Hurricane Irma Tropical cyclone 2017 North America (United States, Sint Maarten, Collectivity of Saint Martin, others)
$75[10] $80 233 Hurricane Sandy Tropical cyclone 2012 North America (United States, Haiti, Cuba, others)
$80$60 – $100[11] $90.6$67.9 – $113.2 11 Deepwater Horizon oil spill Contamination (Oil) 2010 United States United States
$53.25[12] $105.1 109004800 – 17000 1988–89 North American drought Drought 1988 United States United States, Canada Canada
$52.85$49.6 – $56.1[13] $56.7$53.3 – $60.3 104 2012–13 North American drought Drought 2012 United States United States, Canada Canada
$49[14] $81 57 1994 Northridge earthquake Earthquake 1994 United States United States
$45.7[15] $49.8 815 2011 Thailand floods Flood 2011 Thailand Thailand
$40[citation needed] $115.5 36912483 – 4900 1980 Irpinia earthquake Earthquake 1980 Italy Italy
$40[16] $44.6 185 2011 Christchurch earthquake Earthquake 2011 New Zealand New Zealand
241.5$50 – $433[17] $406.5$113 – ~$700 3931 – 46 Chernobyl disaster Contamination (Radiation) 1986 Soviet Union Soviet Union (Ukraine, Belarus)
$37.5[18] $42.3 195 Hurricane Ike Tropical cyclone 2008 North America (United States, Haiti, Cuba, others)
$29.4[19][20][21][22] $36.7 87 Hurricane Wilma Tropical cyclone 2005 North America (United States, Mexico, Haiti, others)
$28[23][24] $36.2 68 2004 Chūetsu earthquake Earthquake 2004 Japan Japan
$25[25] $43.8 65 Hurricane Andrew Tropical cyclone 1992 United States United States
$78.4$21.8 – $135[26] 108.6$30.2 – $186.9 2996 September 11 terrorist attacks Terror attack 2001 United States United States
$22.55$21.8[27] – $23.3[28][29] $29.3$28.3 – $30.3 124 Hurricane Ivan Tropical cyclone 2004 North America (United States, Grenada, Jamaica, others)
$16.6[30][31][32] $18.2 53 Hurricane Irene Tropical cyclone 2011 North America (United States, Dominican Republic, Canada, others)
$16.3[33] $21.2 35 Hurricane Charley Tropical cyclone 2004 North America (United States, Jamaica, Cuba)
$15.8[34] $17 27 2012 Northern Italy earthquakes Earthquake 2012 Italy Italy
$15.09[35][36] $15.4 603 Hurricane Matthew Tropical cyclone 2016 North America (Haiti, United States, Cuba, others)
17.5$15 – $20[37] $29.85$25.6 – $34.1 47 Great Flood of 1993 Flood 1993 United States United States
$15[1] $19.4 255000230000 – 280000 2004 Indian Ocean earthquake and tsunami Earthquake, Tsunami 2004 Southeast Asia (Indonesia, Sri Lanka, India, others)
$12.9[38] $14.7 138366 Cyclone Nargis Tropical cyclone 2008 Myanmar Myanmar
$12.7[39] $13.2 130 November 2015 Paris attacks Terror attack 2015 France France
$12[40] $14.9 11497 – 125 Hurricane Rita Tropical cyclone 2005 United States United States
$15.25$11.6 – $18.9[41] $22.35$17 – $27.7 1712317118 – 17127 1999 İzmit earthquake Earthquake 1999 Turkey Turkey
$10.4[42] $11 12 Typhoon Fitow Tropical cyclone 2013 China China
$10.2[13] $11.1 348 2011 Super Outbreak Tornado 2011 United States United States
$10[13] $29.6 58501700 – 10000 1980 United States heat wave Drought 1980 United States United States
$10[43] $19.7 100 Hurricane Hugo Tropical cyclone 1989 North America (United States, Puerto Rico, Guadeloupe, others)
$10[44] $18 64 Typhoon Mireille Tropical cyclone 1991 Japan Japan
$10[13] $11.3 16 June 2008 Midwest floods Flood 2008 United States United States
$12.5$10 – $15[45] $12.85$10.3 – $15.4 13 2016 Louisiana floods Flood 2016 United States United States
$9.8[28][46][47] $12.7 50 Hurricane Frances Tropical cyclone 2004 North America (United States, The Bahamas)
$9.72[48][49][50][51][52] $14.7 604 Hurricane Georges Tropical cyclone 1998 North America (United States, Dominican Republic, Haiti, others)
$9.5[53][54] $9.7 2 2016 Fort McMurray Wildfire Wildfire 2016 Canada Canada
$9[55] $12.5 55 Tropical Storm Allison Tropical cyclone 2001 United States United States
$9[56] $11.7 28 Typhoon Songda Tropical cyclone 2004 Japan Japan
11$8.1[57] – $14[58] 12.6$9.2 – $16 160000100000 – 220000 2010 Haiti earthquake Earthquake 2010 Haiti Haiti
$7.66[28][59] $10 3035 Hurricane Jeanne Tropical cyclone 2004 North America (Haiti, United States, Dominican Republic, others)
$7.13[60] $7.4 196 Typhoon Rammasun Tropical cyclone 2014 Southeast Asia (Philippines, Vietnam, China, others)
$7.1[61] $14.6 318 Hurricane Gilbert Tropical cyclone 1988 North America (Mexico, Jamaica, Haiti, others)
$7[62] $13.8 0 Exxon Valdez oil spill Contamination (Oil) 1989 North America (United States, Canada)
$6.9[63] $10.1 7257–87 Hurricane Floyd Tropical cyclone 1999 North America (United States, The Bahamas, Canada)
$6.61[64][65][66] $7.5 153 Hurricane Gustav Tropical cyclone 2008 North America (United States, Cuba, Haiti, others)
$6.2[67][68][69] $9.1 19325 Hurricane Mitch Tropical cyclone 1998 North America (Honduras, Nicaragua, Guatemala, others)
$6.2[70] $7.1 789 Typhoon Morakot Tropical cyclone 2009 Southeast Asia (Taiwan, China, Philippines, others)
$6.01[71] $8.6 75 Typhoon Prapiroon Tropical cyclone 2000 Southeast Asia (China, South Korea, Japan, others)
$6[72] $6.3 5 2013 Alberta floods Flood 2013 Canada Canada
$5.8$5.6 – $6[citation needed] $11.4$11 – $11.8 63 1989 Loma Prieta earthquake Earthquake 1989 United States United States
$5.37[73] $7.2 51 Hurricane Isabel Tropical cyclone 2003 United States United States
$5.1[74] $8.2 63 Hurricane Opal Tropical cyclone 1995 North America (Mexico, Guatemala, United States, others)
$5[75] $11.4 2250010000 – 35000 1985 Mexico City earthquake Earthquake 1985 Mexico Mexico
$5[76] $7.9 437284 – 590 Typhoon Herb Tropical cyclone 1996 China China
$4.4[77] $5.2 78 Cyclone Gonu Tropical cyclone 2007 Oman Oman
$4.2[78] $4.4 123 Hurricane Manuel Tropical cyclone 2013 Mexico Mexico
$3.3[79] $3.3 43 October 2017 Northern California wildfires Wildfire 2017 United States United States
$3$2 – $4[80] $2 – $4 370 2017 Central Mexico earthquake Earthquake 2017 Mexico Mexico
$2.9[13] $3.1 22 June 2012 North American derecho Severe storm 2012 United States United States
$2.86[81] $3 68666329 – 7403 Typhoon Haiyan Tropical cyclone 2013 Southeast Asia (Philippines, China, Taiwan, others)
$2.8[82] $3.1 158 2011 Joplin tornado Tornado 2011 United States United States
$2.68[83] $3.7 29 AZF chemical plant explosion Explosion 2001 France France
$2.5[13] $2.5 2 2017 Montana wildfires Drought, Wildfire 2017 United States United States
$2.5[13] $2.5 0 2017 Minneapolis hailstorm Hailstorm 2017 United States United States
$2.2[13] $2.2 0 2017 Denver hailstorm Hailstorm 2017 United States United States
$2.1[13] $2.1 0 Tornado outbreak of March 6–7, 2017 Tornado 2017 United States United States
$2[84] $2.2 33 Costa Concordia disaster Maritime disaster 2012 Italy Italy
$1.8[85] $3.1 6 Hurricane Iniki Tropical cyclone 1992 United States United States
$1.4[86] $1.4 44 Cyclone Winston Tropical cyclone 2016 Fiji Fiji
$1.57$1.24 – $2[87] $2.3$1.7 – $2.7 15 Cedar Fire Wildfire 2003 United States United States
$1.1[88] $3.8 0 Three Mile Island accident Contamination (Radiation) 1979 United States United States
$1[89] $2.3 22540 Armero tragedy Volcano 1985 Colombia Colombia
$0.95$0.8 – $1.1[90] 4.25$3.6 – $4.9 71 Cyclone Tracy Tropical cyclone 1975 Australia Australia
$0.7[91] $1.3 800 1991 Mount Pinatubo eruption Volcano 1991 Philippines Philippines
$0.7[92] $0.8 1 2011 Slave Lake wildfire Wildfire 2011 Canada Canada
$0.53 – $1 $0.8 – $1.4 23 2014-15 Malaysia floods Flood 2014–15 Malaysia Malaysia
$0.2[citation needed] $0.8 583 Tenerife airport disaster Aviation disaster 1977 Canary Islands Canary Islands

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