The Natural Disasters That Inflict The Most Economic Damage

Over the past 20 years, natural disasters have claimed at least 606,000 lives as well as causing enormous levels of economic damage. Storm Desmond made headlines over the weekend, having caused huge disruption across Ireland and the UK, inflicting widespread flooding and leaving thousands of homes without electricity. A report from the United Nations Office for Disaster Risk Reduction (UNISDR) has revealed that storms have the greatest economic impact of any natural disaster, causing over $1 trillion of losses around the world since 1995.

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This chart shows economic damage by disaster type and region from 1995 to 2015.

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Number of natural disasters reported in Morocco 2019-2023
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Number of persons affected by natural disasters in Indonesia 2016-2023
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Risk index for natural disasters APAC 2024, by country
Global number of natural disasters 2023, by country
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Economic losses due to natural disasters in the U.S. 2009-2023
Fatalities due to natural disasters in the U.S. 2024

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