In 2023, there were two billion-dollar tropical cyclone events registered across the United States, with incurred economic costs adding up to 7.8 billion U.S. dollars. Meanwhile – despite only reporting three such events – 2017 registered the highest cost of the indicated period. At over 328 billion dollars, it broke the standing record of the 21st century, previously held by 2005.
Annual cost of billion-dollar tropical cyclone events in the United States from 1980 to 2023
(in billion U.S. dollars)
Characteristic
Cost in billion U.S. dollars
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National Oceanic and Atmospheric Administration. (January 9, 2024). Annual cost of billion-dollar tropical cyclone events in the United States from 1980 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1269878/billion-dollar-tropical-cyclones-annual-cost/
National Oceanic and Atmospheric Administration. "Annual cost of billion-dollar tropical cyclone events in the United States from 1980 to 2023 (in billion U.S. dollars)." Chart. January 9, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1269878/billion-dollar-tropical-cyclones-annual-cost/
National Oceanic and Atmospheric Administration. (2024). Annual cost of billion-dollar tropical cyclone events in the United States from 1980 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1269878/billion-dollar-tropical-cyclones-annual-cost/
National Oceanic and Atmospheric Administration. "Annual Cost of Billion-dollar Tropical Cyclone Events in The United States from 1980 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Jan 2024, https://www.statista.com/statistics/1269878/billion-dollar-tropical-cyclones-annual-cost/
National Oceanic and Atmospheric Administration, Annual cost of billion-dollar tropical cyclone events in the United States from 1980 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1269878/billion-dollar-tropical-cyclones-annual-cost/ (last visited August 24, 2024)
Annual cost of billion-dollar tropical cyclone events in the United States from 1980 to 2023 (in billion U.S. dollars) [Graph], National Oceanic and Atmospheric Administration, January 9, 2024. [Online]. Available: https://www.statista.com/statistics/1269878/billion-dollar-tropical-cyclones-annual-cost/