Average annual disaster loss estimate in Germany 2015

Average annual loss related to disaster risks estimate in Germany as of 2015, by hazard (in million U.S. dollars)

Average annual disaster loss estimate in Germany 2015 This statistic presents the estimate for the average annual loss incurred due to natural disasters in Germany as of 2015, listed by hazard. The annual loss due to flooding was expected to amount to approximately 2.7 billion U.S. dollars on average, whilst the loss caused by earthquake was estimated to reach 2.4 billion U.S. dollars as of 2015.
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Average annual loss related to disaster risks estimate in Germany as of 2015, by hazard (in million U.S. dollars)

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Average annual loss in million U.S. dollars
Flood2,697.57
Earthquake2,350.12
Average annual loss in million U.S. dollars
Flood2,697.57
Earthquake2,350.12
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Description

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This statistic presents the estimate for the average annual loss incurred due to natural disasters in Germany as of 2015, listed by hazard. The annual loss due to flooding was expected to amount to approximately 2.7 billion U.S. dollars on average, whilst the loss caused by earthquake was estimated to reach 2.4 billion U.S. dollars as of 2015.
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Release date
March 2015
Region
Germany
Survey time period
2015
Supplementary notes
The source adds further comments: "AAL: The Average Annual Loss is the expected loss per annum associated to the occurrence of future perils assuming a very long observation timeframe. It considers the damage caused on the exposed elements by small, moderate and extreme events and results a useful and robust metric for risk ranking and comparisons. AAL Flood results are provisional. These results give an overview of the risk associated with river flooding. Factors other than the depth of the water also have a considerable influence on loss, which means that there is greater uncertainty compared with other hazards."
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