In 2023, tropical cyclones in the Philippines caused around 18.1 billion Philippine pesos worth of damages. On the other hand, earthquakes resulted in about 2.8 billion Philippine pesos worth of damages. The country's geographical position makes it prone to natural disasters.
Value of damages caused by major natural events and disasters in the Philippines in 2023, by type
(in million Philippine pesos)
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PSA (Philippines). (March 26, 2024). Value of damages caused by major natural events and disasters in the Philippines in 2023, by type (in million Philippine pesos) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1092988/philippine-value-damages-natural-disaster-by-type/
PSA (Philippines). "Value of damages caused by major natural events and disasters in the Philippines in 2023, by type (in million Philippine pesos)." Chart. March 26, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1092988/philippine-value-damages-natural-disaster-by-type/
PSA (Philippines). (2024). Value of damages caused by major natural events and disasters in the Philippines in 2023, by type (in million Philippine pesos). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1092988/philippine-value-damages-natural-disaster-by-type/
PSA (Philippines). "Value of Damages Caused by Major Natural Events and Disasters in The Philippines in 2023, by Type (in Million Philippine Pesos)." Statista, Statista Inc., 26 Mar 2024, https://www.statista.com/statistics/1092988/philippine-value-damages-natural-disaster-by-type/
PSA (Philippines), Value of damages caused by major natural events and disasters in the Philippines in 2023, by type (in million Philippine pesos) Statista, https://www.statista.com/statistics/1092988/philippine-value-damages-natural-disaster-by-type/ (last visited November 21, 2024)
Value of damages caused by major natural events and disasters in the Philippines in 2023, by type (in million Philippine pesos) [Graph], PSA (Philippines), March 26, 2024. [Online]. Available: https://www.statista.com/statistics/1092988/philippine-value-damages-natural-disaster-by-type/
