Since 1980, the earthquake outside of Tohoku in Japan in 2011 caused the highest economic damage. The costs caused by the tsunami following the earthquake, which hit the nuclear plant in Fukushima and caused a major nuclear disaster, resulted in economic damages of 220 billion U.S. dollars. Also the earthquake causing the third highest sum of economic damage occurred in Japan,with the Szechuan earthquake in China in 2008 in between. Exact economic damage is hard to estimate, and long-term downturns in GDP and investments are hard to calculate. Looking at the earthquakes that have caused the highest number of deaths since 1900, the Tangshan earthquake in China in 1976 recorded the highest death toll.
Most severe earthquakes by economic damage worldwide from 1980 to 2023
(in billion U.S. dollars)
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CNN, & National Centers for Environmental Information, & National Geographic, & Government of California. (February 9, 2024). Most severe earthquakes by economic damage worldwide from 1980 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/273943/biggest-earthquakes-worldwide-by-economic-damage/
CNN, und National Centers for Environmental Information, und National Geographic, und Government of California. "Most severe earthquakes by economic damage worldwide from 1980 to 2023 (in billion U.S. dollars)." Chart. February 9, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/273943/biggest-earthquakes-worldwide-by-economic-damage/
CNN, National Centers for Environmental Information, National Geographic, Government of California. (2024). Most severe earthquakes by economic damage worldwide from 1980 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/273943/biggest-earthquakes-worldwide-by-economic-damage/
CNN, and National Centers for Environmental Information, and National Geographic, and Government of California. "Most Severe Earthquakes by Economic Damage Worldwide from 1980 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/273943/biggest-earthquakes-worldwide-by-economic-damage/
CNN & National Centers for Environmental Information & National Geographic & Government of California, Most severe earthquakes by economic damage worldwide from 1980 to 2023 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/273943/biggest-earthquakes-worldwide-by-economic-damage/ (last visited September 20, 2024)
Most severe earthquakes by economic damage worldwide from 1980 to 2023 (in billion U.S. dollars) [Graph], CNN, & National Centers for Environmental Information, & National Geographic, & Government of California, February 9, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/273943/biggest-earthquakes-worldwide-by-economic-damage/
