List Of Disasters By Cost
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List Of Disasters By Cost
Disasters can have 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 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 around 230,000 people, cost a 'mere' $15 billion, whereas in the Deepwater Horizon oil spill, in which 11 people died, the damages were six-fold. The most expensive disaster in human history is the Chernobyl disaster, costing an estimated $700 billion. Chernobyl's circumstances make it a unique but particularly de ...
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Disaster
A disaster is a serious problem occurring over a short or long period of time that causes widespread human, material, economic or environmental loss which exceeds the ability of the affected community or society to cope using its own resources. Disasters are routinely divided into either " natural disasters" caused by natural hazards or "human-instigated disasters" caused from anthropogenic hazards. However, in modern times, the divide between natural, human-made and human-accelerated disasters is difficult to draw. Examples of natural hazards include avalanches, flooding, cold waves and heat waves, droughts, earthquakes, cyclones, landslides, lightning, tsunamis, volcanic activity, wildfires, and winter precipitation. Examples of anthropogenic hazards include criminality, civil disorder, terrorism, war, industrial hazards, engineering hazards, power outages, fire, hazards caused by transportation, and environmental hazards. Developing countries suffer the greatest costs ...
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Hurricane Katrina
Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the costliest tropical cyclone on record and is now tied with 2017's Hurricane Harvey. The storm was the twelfth tropical cyclone, the fifth hurricane, and the third major hurricane of the 2005 Atlantic hurricane season, as well as the fourth-most intense Atlantic hurricane on record to make landfall in the contiguous United States. Katrina originated on August 23, 2005, as a tropical depression from the merger of a tropical wave and the remnants of Tropical Depression Ten. Early the following day, the depression intensified into a tropical storm as it headed generally westward toward Florida, strengthening into a hurricane two hours before making landfall at Hallandale Beach on August 25. After briefly weakening to tropical storm strength o ...
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2012–2013 North American Drought
The 2012–2013 North American drought, an expansion of the 2010–2013 Southern United States drought, originated in the midst of a record-breaking heat wave. Low snowfall amounts in winter, coupled with the intense summer heat from La Niña, caused drought-like conditions to migrate northward from the southern United States, wreaking havoc on crops and water supply. The drought inflicted significant economic ramifications for the affected states. It exceeded, in many measures, the 1988–1989 North American drought, the most recent comparable drought. The drought affected most of the U.S., parts of Mexico, and central and Eastern Canada. At its peak in July 2012, it covered approximately 81 percent of the contiguous United States with at least abnormally dry (D0) conditions. Out of that 81%, 64% was designated as at least moderate drought (D1) conditions. Its area was comparable to the droughts in the 1930s and 1950s. Drought continued in parts of North America through 20 ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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1988–1990 North American Drought
The 1988–1990 North American drought ranks among the worst episodes of drought in the United States. This multi-year drought began in most areas in 1988 and continued into 1989 and 1990 (in certain areas). The drought caused $60 billion in damage ($  USD) in United States dollars, adjusting for inflation. The drought occasioned some of the worst blowing-dust events since 1977 or the 1930s in many locations in the Midwestern United States, including a protracted dust storm, which closed schools in South Dakota in late February 1988. During the spring, several weather stations set records for the lowest monthly total precipitation and the longest interval between measurable precipitation, for example, 55 days in a row without precipitation in Milwaukee. During the summer, two record-setting heatwaves developed, similar to those of 1934 and 1936. The concurrent heat waves killed 4,800 to 17,000 people in the United States. During the summer of 1988, the drought led to ma ...
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Hurricane Irma
Hurricane Irma was an extremely powerful Cape Verde hurricane that caused widespread destruction across its path in September 2017. Irma was the first Category 5 hurricane to strike the Leeward Islands on record, followed by Maria two weeks later. At the time, it was considered as the most powerful hurricane on record in the open Atlantic region, outside of the Caribbean Sea and Gulf of Mexico until it was surpassed by Hurricane Dorian two years later. It was also the third strongest Atlantic hurricane at landfall ever recorded, just behind the 1935 Labor Day Hurricane and Dorian. The ninth named storm, fourth hurricane, second major hurricane, and first Category 5 hurricane of the 2017 season, Irma caused widespread and catastrophic damage throughout its long lifetime, particularly in the northeastern Caribbean and the Florida Keys. It was also the most intense hurricane to strike the continental United States since Katrina in 2005, the first major hurrican ...
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Hurricane Sandy
Hurricane Sandy (unofficially referred to as ''Superstorm Sandy'') was an extremely destructive and strong Atlantic hurricane, as well as the largest Atlantic hurricane on record as measured by diameter, with tropical-storm-force winds spanning . The storm inflicted nearly $70 billion (2012 USD) in damage and killed 233 people across eight countries from the Caribbean to Canada. The eighteenth Tropical cyclone naming, named storm, tenth Atlantic hurricane, hurricane, and second major hurricane of the 2012 Atlantic hurricane season, Sandy was a List of Category 3 Atlantic hurricanes, Category 3 storm at its peak intensity when it made landfall in Cuba, though most of the damage it caused was after it became a Category 1-equivalent extratropical cyclone off the coast of the Northeastern United States. Sandy developed from a tropical wave in the western Caribbean Sea on October 22, quickly strengthened, and was upgraded to Tropical Storm Sandy six hours later. Sandy moved s ...
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2019–20 Australian Bushfire Season
The 201920 Australian bushfire season (Black Summer), was a period of bushfires in many parts of Australia, which, due to its unusual intensity, size, duration, and uncontrollable dimension, is considered a megafire. The Australian National University reported that the area burned in 2019/2020 was "well below average" due to low fuel levels and fire activity in unpopulated parts of Northern Australia, but that "Despite low fire activity overall, vast forest fires occurred in southeast Australia from southeast Queensland to Kangaroo Island." In June 2019 the Queensland Fire and Emergency Service acting director warned of the potential for an early start to the bushfire season which normally starts in August. The warning was based on the Northern Australia bushfire seasonal outlook noting exceptional dry conditions and a lack of soil moisture, combined with early fires in central Queensland. Throughout the summer, hundreds of fires burnt, mainly in the southeast of the country ...
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Hurricane Ida
Hurricane Ida was a deadly and extremely destructive Category 4 Atlantic hurricane in 2021 that became the second-most damaging and intense hurricane to make landfall in the U.S. state of Louisiana on record, behind Hurricane Katrina in 2005. In terms of maximum sustained winds at landfall (), Ida tied 2020's Hurricane Laura and the 1856 Last Island hurricane as the strongest on record to hit the state. The remnants of the storm also caused a tornado outbreak and catastrophic flooding across the Northeastern United States. The ninth named storm, fourth hurricane, and second major hurricane of the 2021 Atlantic hurricane season, Ida originated from a tropical wave in the Caribbean Sea on August 23. On August 26, the wave developed into a tropical depression, which organized further and became Tropical Storm Ida later that day, near Grand Cayman. Amid favorable conditions, Ida intensified into a hurricane on August 27, just before moving over western Cuba. A ...
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Hurricane Ian
Hurricane Ian was a large and destructive Category 4 Atlantic hurricane that was the deadliest hurricane to strike the state of Florida since the 1935 Labor Day hurricane. Ian caused widespread damage across western Cuba and the southeast United States, especially the states of Florida and South Carolina. It was the ninth named storm, fourth hurricane, and second major hurricane of the 2022 Atlantic hurricane season. Ian originated from a tropical wave that moved off the coast of western Africa and across the central tropical Atlantic towards the Windward Islands. The wave moved into the Caribbean Sea on September 21 bringing heavy rain and gusty winds to Trinidad and Tobago, the ABC islands, and the northern coast of South America. It became a tropical depression on the morning of September 23 and strengthened into Tropical Storm Ian early the next day while it was southeast of Jamaica. Rapidly intensifying into a high-end Category 3 hurricane within 24 hours ...
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Hurricane Maria
Hurricane Maria was a deadly Saffir–Simpson scale#Category 5, Category 5 Tropical cyclone, hurricane that devastated the northeastern Caribbean in September 2017, particularly Dominica, Saint Croix, and Puerto Rico. It is regarded as the worst natural disaster in recorded history to affect those islands. The most intense tropical cyclone worldwide in Tropical cyclones in 2017, 2017, Maria was the thirteenth tropical cyclone naming, named storm, eighth consecutive hurricane, fourth major hurricane, second List of Category 5 Atlantic hurricanes, Category 5 hurricane, and deadliest storm of the extremely active 2017 Atlantic hurricane season. Maria was the List of deadliest Atlantic hurricanes, deadliest Atlantic hurricane since Hurricane Mitch, Mitch in 1998 Atlantic hurricane season, 1998, and the List of the most intense tropical cyclones#North Atlantic Ocean, tenth most intense Atlantic hurricane on record. Total monetary losses are estimated at upwards of $91.61 b ...
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2020 South Asian Floods
In 2020, floods have affected South Asia due to heavy monsoon rains. The floods caused $105 billion USD of damage ($88.5 billion in India, $15 billion in Sri Lanka, and $1.5 billion in Pakistan), making it the costliest standalone flood in modern history, and the ninth costliest disaster of all time. In addition there were 6,511 fatalities, the most reported in a flood since Cyclone Sidr in 2007. Floods continued in 2021 and 2022. Impact Afghanistan In April, floods killed at least 11 people and damaged around 700 houses. Between July and August, floods had affected around half of Afghanistan, killing 190 people and damaged around 2,000 homes. Bangladesh In May, Cyclone Amphan caused 20 deaths in Bangladesh. In July, floods struck again, affecting 3.3 million people, and killing 260 more people. India Cyclone Amphan killed at least 86 people in West Bengal, India. From July to October, over 5,000 people died in flooding. Nepal From June to September, floods in Nepal killed a ...
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