The economic costs incurred from major natural disaster in the United States seems to have increased over the last few decades. In 2021, there were 20 billion-dollar weather and climate disaster events with a total cost of 145 billion U.S. dollars. This made 2021 the third costliest year on record in terms of economic losses sustained from major natural disasters.
Annual cost of billion-dollar natural disaster events in the United States from 1980 to 2021
(in billion U.S. dollars)
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NOAA. (January 10, 2022). Annual cost of billion-dollar natural disaster events in the United States from 1980 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/1113419/billion-dollar-climate-disasters-annual-cost/
NOAA. "Annual cost of billion-dollar natural disaster events in the United States from 1980 to 2021 (in billion U.S. dollars)." Chart. January 10, 2022. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/1113419/billion-dollar-climate-disasters-annual-cost/
NOAA. (2022). Annual cost of billion-dollar natural disaster events in the United States from 1980 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/1113419/billion-dollar-climate-disasters-annual-cost/
NOAA. "Annual Cost of Billion-dollar Natural Disaster Events in The United States from 1980 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Jan 2022, https://www.statista.com/statistics/1113419/billion-dollar-climate-disasters-annual-cost/
NOAA, Annual cost of billion-dollar natural disaster events in the United States from 1980 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1113419/billion-dollar-climate-disasters-annual-cost/ (last visited May 22, 2022)
