Earthquakes by economic damage Greece 2023

The earthquake in Greece and Turkey in 2014 had the highest total economic damage among those that occupied in and around Greece from 1950, as of December 2023. The total damage from that earthquake and its secondary effects was valued at 4.5 billion U.S. dollars. Furthermore, the earthquake in Athens in 1999 had total damage estimated at 4.2 billion U.S. dollars.

Earthquakes with the highest total economic damage in Greece from 1950 to 2023 (in million U.S. dollars)

Characteristic	Damage in million U.S. dollars
Greece, Turkey (2014)	4,500
Athens (1999)	4,200
Athens-Eastern Gulf of Corinth (1981)	812
Aiyion, Eratini (1995)	660
Grevena-Kozani, Thessaloniki, Yugoslavia (1995)	450
Kefalonia (2014)	250
Lixouri-Argostoli (Kephallenia, 1953)	178
Southern (1966)	100
Tyrnavos, Larisa (2021)	14
Alonisos, Skopelos (1965)	10

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Release date

2023

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Region

Greece

Survey time period

1950 to 2023

Supplementary notes

Includes the earthquakes in and around Greece that match the following criteria: damage of approximately one million U.S. dollars or more, 10 or more deaths, magnitude 7.5 or greater, Modified Mercalli Intensity X or greater, or the earthquake generated a tsunami.

Total economic damage refers to the damage from the earthquake as well as its secondary effects, such as tsunami.

The release date is the date of access.

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