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Share of major U.S. climate disaster costs by type 1980-2019

Accounting for 14.2 percent of total costs from billion-dollar weather events, droughts are the second most economically devastating weather and climate disaster in the United States. Between 1980 and 2019, major droughts and floods cost approximately 390 billion U.S. dollars. Hydrological disasters may increase in intensity as a result of climate change, bringing more billion-dollar events.

Distribution of costs from billion-dollar natural disaster events in the United States between 1980 and 2019, by disaster type

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Source

Release date

January 2020

Region

United States

Survey time period

1980 to 2019

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