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Mitch directly caused $2.005 billion in damage, [nb 1] with an additional $1.8 billion in indirect costs. Most of the damage were ruined crops, and cash crop exports were cut by 9.4 percent in 1999, largely due to the storm. Over 70 percent of the transportation infrastructure was damaged, mostly damaged highways and bridges.
The number of $1 billion Atlantic hurricanes almost doubled from the 1980s to the 2010s, and inflation-adjusted costs have increased more than elevenfold. [1] The increases have been attributed to climate change, more people moving to coastal areas, [1] and the dramatic increase in construction costs since 1980. [2] [3] [4] [5]
Mitch directly caused $2.005 billion in damage, [nb 1] with an additional $1.8 billion in indirect costs. Most of the damage was ruined crops, and cash crop exports were cut by 9.4% in 1999, largely due to the storm. Over 70% of the transportation infrastructure was damaged, mostly damaged highways and bridges.
Although Hurricane Mitch is often included in lists of infamous November hurricanes because it made landfall in Florida as a tropical storm on Nov. 5, 1998, it was not at peak strength.
The Galveston Hurricane. Year: 1900 Death Toll: 6,000–12,000 Financial Impact: Estimated $30 million at the time (~$700 million adjusted for inflation) At the time, 38,000 people lived in ...
It caused $30 billion in damage and more than 40 deaths. It was the costliest natural disaster in the history of the U.S. at the time. When the 1992 hurricane season ended, the name Andrew was ...
Furthermore, the cost is expected to perpetually increase for several thousand years as cleanup operations and the economic impact of the Chernobyl Exclusion Zone continue indefinitely. [4] The most expensive natural disaster is the 2011 TÅhoku earthquake and tsunami , costing an estimated $360 billion.
It caused significant damage and killed at least 11,000 people in Central America, and was the second deadliest Atlantic hurricane in recorded history, behind only the Great Hurricane of 1780. Georges and Mitch caused $9.37 billion in damage and $6.08 billion (1998 USD ) [ nb 1 ] in damage, respectively.