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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: The proportion of GDP is based on million United States dollar values from EM-DAT divided by GDP in current United States dollars.

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Related Variables

Natural disasters - meteorological, people affected, per 1,000 pop Complex disasters, number of events Complex disasters, people affected, thousands Industrial accident, Poisonning (total damage, millions)

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