Cost of damages during natural disasters Philippines 2012-2023

Published by Statista Research Department, Mar 26, 2024
In 2023, the total damages during major extreme natural events and disasters in the Philippines amounted to about 23 billion Philippine pesos. The value of damages was highest in 2013 due to Typhoon Haiyan. Due to its geographical location, the country is prone to natural disasters such as tropical cyclones and earthquakes.

Total value of damages during natural disasters in the Philippines from 2012 to 2023 (in billion Philippine pesos)

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Release date

March 2024

Region

Philippines

Survey time period

2012 to 2023

Supplementary notes

One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of March 2024.
Figures have been rounded.

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