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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 Tōhoku earthquake and tsunami, costing an estimated $360 billion. [5]
Historic cost (year) 2011 Tōhoku earthquake and tsunami: Japan: 9.1 [1] $487.6 billion (2024) ... List of natural disasters by cost; List of disasters by cost; Notes
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A natural disaster is a sudden event that causes widespread destruction, major collateral damage, or loss of life, brought about by forces other than the acts of human beings. A natural disaster might be caused by earthquakes, flooding, volcanic eruption, landslide, hurricanes, etc.
[22] [23] The Asia-Pacific region is the world's most disaster prone region. [24] A person in Asia-Pacific is five times more likely to be hit by a natural disaster than someone living in other regions. [25] Between 1995 and 2015, the greatest number of natural disasters occurred in America, China and India. [26]
The 2011 Tōhoku earthquake and tsunami became the costliest natural disaster, resulting in approximately $360 billion in property damage at the time, followed by the 2023 Turkey–Syria earthquakes and the 2008 Sichuan earthquake, which resulted in $163.6 billion and $150 billion in damage, respectively.
"World Bank's Hazard Risk Management". World Bank. Archived from the original on 2010-04-09 "Disaster News Network". Archived from the original on 2006-11-05 US news site focused on disaster-related news. "EM-DAT International Disaster Database". Archived from the original on 2008-08-11
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