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Definition
Economic consequences of a disaster, usually direct (e.g., damage to infrastructure, crops and housing) and indirect (e.g., loss of revenues, unemployment and market destabilization). In each case, the registered figure represents the value of damage at the moment of the event; i.e., the figures are true for the year of the event. Indicator calculations: Data are converted from millions of United States dollars to 2005 US dollars millions using Implicit Price deflators (NAMAD).

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Related Variables

Complex disasters, deaths/million Natural disasters - hydrological, people affected, thousands Natural disasters, economic damages, million $ Number of people whose destroyed dwellings were due to disasters (number)

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