Between 2022 and 2050, storms are estimated to cause a direct economic loss of approximately 1.4 trillion U.S. dollars across the globe, becoming the weather event with the largest economic impact. This would represent nearly half of the direct economic losses due to water hazard estimated for this period of time. Meanwhile, floods and droughts are expected to result in an economic impact of some 645 and 432 billion U.S. dollars, respectively.
Estimated total direct economic losses due to water risk worldwide between 2022 and 2050, by event type
(in billion U.S. dollars)
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PR Newswire. (August 29, 2022). Estimated total direct economic losses due to water risk worldwide between 2022 and 2050, by event type (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1334494/global-estimated-total-direct-economic-loss-due-to-water-risk-by-event-type/
PR Newswire. "Estimated total direct economic losses due to water risk worldwide between 2022 and 2050, by event type (in billion U.S. dollars)." Chart. August 29, 2022. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1334494/global-estimated-total-direct-economic-loss-due-to-water-risk-by-event-type/
PR Newswire. (2022). Estimated total direct economic losses due to water risk worldwide between 2022 and 2050, by event type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1334494/global-estimated-total-direct-economic-loss-due-to-water-risk-by-event-type/
PR Newswire. "Estimated Total Direct Economic Losses Due to Water Risk Worldwide between 2022 and 2050, by Event Type (in Billion U.S. Dollars)." Statista, Statista Inc., 29 Aug 2022, https://www.statista.com/statistics/1334494/global-estimated-total-direct-economic-loss-due-to-water-risk-by-event-type/
PR Newswire, Estimated total direct economic losses due to water risk worldwide between 2022 and 2050, by event type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1334494/global-estimated-total-direct-economic-loss-due-to-water-risk-by-event-type/ (last visited December 26, 2024)
Estimated total direct economic losses due to water risk worldwide between 2022 and 2050, by event type (in billion U.S. dollars) [Graph], PR Newswire, August 29, 2022. [Online]. Available: https://www.statista.com/statistics/1334494/global-estimated-total-direct-economic-loss-due-to-water-risk-by-event-type/
