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Economic damage caused by weather and climate-related extreme events Europe 1980-2017

In Europe (EEA 33), the total value of economic losses caused by weather and climate-related events between 1980 and 2017 amounted to approximately 453 billion euros. The annual average economic loss increased through the decades from an average of 7.4 billion (1980-1989) to 14 billion euros (2000-2009). The most expensive extreme weather event to hit Europe economically was the 2002 flood in Central Europe, amounting to 21 billion euros.

Value of economic damage caused by weather and climate-related extreme events* in Europe from 1980 to 2017, by type

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Source

Release date

April 2019

Region

Europe

Survey time period

1980 to 2017

Supplementary notes

* Geophysical events: earthquakes, tsunamis, volcanic eruptions.
Meteorological events: storms
Hydrological events: floods, mass movements
Climatological events: heatwaves, cold waves, droughts, forest fires.

** Euro value as of 2017.

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