In 2023, economic costs resulting from climate change-related disasters in Latin American and the Caribbean amounted to over 20 billion U.S. dollars. This was the highest figure recorded since 2017, when hurricane Maria swept across Puerto Rico and much of the northeastern Caribbean, contributing in part to the total economic expenses of 85 billion U.S. dollars recorded that year.
Economic cost of climate change-related disasters in Latin America and the Caribbean from 1990 to 2023
(in 1,000 U.S. dollars)
According to the source, a disaster is a calamitous and sudden event that seriously disrupts the functioning of a community or society and causes human, material, economic and environmental loss that exceeds the capacity of the affected community or society to cope with the situation with their own resources.
Climate change-related disasters included are storms, extreme temperatures, floods, wet mass displacement, droughts, and wildfires.
The source did not provide data for the missing years.
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Economic Commission for Latin America and the Caribbean. (February 13, 2024). Economic cost of climate change-related disasters in Latin America and the Caribbean from 1990 to 2023 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1407325/climate-change-disaster-cost-latin-america-and-caribbean/
Economic Commission for Latin America and the Caribbean. "Economic cost of climate change-related disasters in Latin America and the Caribbean from 1990 to 2023 (in 1,000 U.S. dollars)." Chart. February 13, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1407325/climate-change-disaster-cost-latin-america-and-caribbean/
Economic Commission for Latin America and the Caribbean. (2024). Economic cost of climate change-related disasters in Latin America and the Caribbean from 1990 to 2023 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1407325/climate-change-disaster-cost-latin-america-and-caribbean/
Economic Commission for Latin America and the Caribbean. "Economic Cost of Climate Change-related Disasters in Latin America and The Caribbean from 1990 to 2023 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1407325/climate-change-disaster-cost-latin-america-and-caribbean/
Economic Commission for Latin America and the Caribbean, Economic cost of climate change-related disasters in Latin America and the Caribbean from 1990 to 2023 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1407325/climate-change-disaster-cost-latin-america-and-caribbean/ (last visited December 22, 2024)
Economic cost of climate change-related disasters in Latin America and the Caribbean from 1990 to 2023 (in 1,000 U.S. dollars) [Graph], Economic Commission for Latin America and the Caribbean, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1407325/climate-change-disaster-cost-latin-america-and-caribbean/
