From 1970 to 2021, economic losses due to climate disasters were approximately 4.3 trillion U.S. dollars. At 38 percent, the economic losses caused by tropical cyclones were the highest during this period. Floods followed in close second, accounting for 32 percent of losses.
Distribution of economic loss caused by weather, climate, and water related disasters between 1970 and 2021, by type
* Figure was calculated by Statista based on the values for winter storm, extra-tropical storm, severe winter conditions, hail, cold/heat waves, land fire, and thunderstorms provided by the source.
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World Meteorological Organization. (May 31, 2023). Distribution of economic loss caused by weather, climate, and water related disasters between 1970 and 2021, by type [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269727/distribution-of-climate-disaster-by-economic-loss/
World Meteorological Organization. "Distribution of economic loss caused by weather, climate, and water related disasters between 1970 and 2021, by type." Chart. May 31, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269727/distribution-of-climate-disaster-by-economic-loss/
World Meteorological Organization. (2023). Distribution of economic loss caused by weather, climate, and water related disasters between 1970 and 2021, by type. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269727/distribution-of-climate-disaster-by-economic-loss/
World Meteorological Organization. "Distribution of Economic Loss Caused by Weather, Climate, and Water Related Disasters between 1970 and 2021, by Type." Statista, Statista Inc., 31 May 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269727/distribution-of-climate-disaster-by-economic-loss/
World Meteorological Organization, Distribution of economic loss caused by weather, climate, and water related disasters between 1970 and 2021, by type Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269727/distribution-of-climate-disaster-by-economic-loss/ (last visited November 10, 2024)
Distribution of economic loss caused by weather, climate, and water related disasters between 1970 and 2021, by type [Graph], World Meteorological Organization, May 31, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1269727/distribution-of-climate-disaster-by-economic-loss/
