List of disasters by cost

Disasters can have high costs associated with responding to and recovering from them. This page lists the estimated economic costs of relatively recent disasters.

The costs of disasters vary considerably depending on a range of factors, such as the geographical location where they occur. When a large disaster occurs in a wealthy country, the financial damage may be large, but when a comparable disaster occurs in a poorer country, the actual financial damage may appear to be relatively small. This is in part due to the difficulty of measuring the financial damage in areas that lack insurance. For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of around 230,000 people, cost a "mere" $15 billion, whereas in the Deepwater Horizon oil spill, in which 11 people died, the damage was six times higher.

The most expensive disaster in human history is the Chernobyl disaster, costing an estimated $700 billion. Chernobyl's circumstances make it a unique but particularly devastating situation that is unlikely to ever happen again. Estimations have only increased over time, with the recent figure coming from the release of new government data up to 2016. Furthermore, the cost is expected to perpetually increase for several thousand years as cleanup operations and the economic impact of the Chernobyl Exclusion Zone continue indefinitely. The most expensive natural disaster is the 2011 Tōhoku earthquake and tsunami, costing an estimated $360 billion.

Over $1 billion

This table lists disasters which are estimated to have an economic cost of at least 1 billion United States dollars without taking inflation into account.

List of disasters by cost. Over $1 billion. Actual, and inflated to 2024 (unless otherwise stated)
Event Cost ($ billion) Fatalities Type Year Nation(s)
Actual Inflated
Chernobyl disaster $700 $917.1 30–16,000 Contamination (Radioactive) 1986 Soviet Union (, , )
2011 Tōhoku earthquake and tsunami + Fukushima nuclear disaster $360 $503.2 19,759 Undersea Megathrust Earthquake, Tsunami, Contamination (Radioactive) 2011 Japan
Great Hanshin earthquake $200 $412.7 5,502 – 6,434 Earthquake 1995 Japan
2023 Turkey–Syria earthquakes $157.8 $162.8 59,488 – 62,013 Earthquake 2023 West Asia ( Turkey, Syria)
Sellafield radioactive releases $154 $192.8 100 to 240 Contamination (Radioactive) 1950 - 2023 United Kingdom
2008 Sichuan earthquake $130 $189.9 87,587 Earthquake 2008 China
Hurricane Katrina $125 $201.2 1,392 Tropical cyclone 2005 United States, Bahamas
Hurricane Harvey $125 $160.3 107 Tropical cyclone 2017 Americas (, , , , others)
Hurricane Ian $112 $120.3 161 Tropical cyclone 2022 North America (, , , others)
2020 South Asian floods $105 $127.6 6,511 Flood 2020 South Asia (, , , others)
Hurricane Maria $91.6 $117.5 3,059 Tropical cyclone 2017 North America (, , , others)
Hurricane Milton $85 $85 35 Tropical cyclone 2024 North America and the Antiles (, , , others)
Hurricane Helene $81.6 $81.6 225 Tropical cyclone 2024 North America (, , , others)
Hurricane Ida $75 $87 107 Tropical cyclone 2021 North America (, , , others)
2019–20 Australian bushfire season $69 $83.8 451 Wildfire 2019-20 Australia
Hurricane Sandy $68.7 $94.1 254 Tropical cyclone 2012 North America (, , , others)
Hurricane Irma $64.8 $83.1 134 Tropical cyclone 2017 North America (, , , others)
Deepwater Horizon oil spill $60 – $100 $86.5 – $144.2 11 Contamination (Oil) 2010 United States
January 2025 Southern California wildfires $57 $57 30 Wildfire 2025 United States
2021 European floods $54 $62.7 243 Flood 2021 Europe (, , , others)
1988–1990 North American drought $53.25 $135.1 5,000+ Drought 1988-89 United States, Canada
2012–2013 North American drought $49.6 – $56.1 $67 – $75.7 104 Drought 2012-13 United States, Canada
2010 China floods $51.4 $74.1 3,189 Flood 2010 China, North Korea
1994 Northridge earthquake $49 $104 57 Earthquake 1994 United States
2015 Southeast Asian haze $47 $62.3 100,300 Wildfire, subsequent haze 2015 Southeast Asia (, , , others)
2016 Kumamoto earthquakes $46 $60.3 273 Earthquake 2016 Japan
2011 Thailand floods $45.7 $63.9 815 Flood 2011 Thailand
2023 South Asian floods $41.6 $42.9 2,309 Flood 2023 South Asia (, , , others)
2022 European heatwaves $40.2 $43.2 24,501 Heatwave 2022 Europe (, , , others)
2011 Christchurch earthquake $40 $55.9 185 Earthquake 2011 New Zealand
2022 Pakistan floods $40 $43 1,700 Flood 2022 Pakistan
Hurricane Ike $38 $55.5 214 Tropical cyclone 2008 North America (, , , others)
2020 China floods $32 $38.9 278 Flood 2020 China
Typhoon Doksuri $28.5[citation needed] $29.4 137 Tropical cyclone 2023 Southeast Asia (

, , , others)

2004 Chūetsu earthquake $28 $46.6 68 Earthquake 2004 Japan
Hurricane Wilma $27.4 $44.1 87 Tropical cyclone 2005 North America (, , , others)
Hurricane Andrew $27.3 $61.2 65 Tropical cyclone 1992 United States
February 13–17, 2021 North American winter storm $26.5 $30.8 237 Winter storm, Infrastructure failure (electric) 2021 North America (, , )
Hurricane Ivan $26.1 $43.4 124 Tropical cyclone 2004 North America (, , , others)
Hurricane Michael $25.1 $31.4 74 Tropical cyclone 2018 North America (, , , others)
2018 California wildfires $24.0 $30.1 103 Wildfire 2018 United States
2011 Sikkim earthquake $22.3 $31.2 111 Earthquake 2011 Southern Asia (, , , others)
2016 China floods $22 $28.8 449 Flood 2016 China
September 11 terrorist attacks $21.8 – $135 $38.7 – $239.7 2,996 Terror attack 2001 United States
Storm Daniel $21.1 $21.8 5,951 – 20,000 Tropical cyclone, Dam failure 2023 Libya, Greece
2021 Henan floods $20.9 $24.3 398 (official confirmed) Flood 2021 China
1980 Irpinia earthquake $20 $76.3 4,900 Earthquake 1980 Italy
2024 Central European floods $20 $20 27 Flood 2024 Central Europe (, , , others)
Cyclone Senyar $19.8[citation needed] $19.8 1.053 Tropical cyclone 2025 Southeast Asia

(, , )

2002 European floods $19.2 $33.6 232 Flood 2002 Central Europe (, , , others)
Hurricane Laura $19.1 $23.2 77 Tropical cyclone 2020 North America (, , , others)
Hurricane Rita $18.5 $29.8 97 – 125 Tropical cyclone 2005 United States
Cyclone Lothar $17.6 $33.2 140 European windstorm 1999 Western Europe (, , , others)
Typhoon Hagibis $17.3 $21.3 139 Tropical cyclone 2019 Japan
Hurricane Charley $16.9 $28.1 35 Tropical cyclone 2004 North America (, , )
2012 Nigeria floods $16.9 $23.1 363 Flood 2012 Nigeria
2006 European heatwave $16.3 $23.9 3,418 Heatwave 2006 Europe (, , , others)
2009 L'Aquila earthquake $16.0 $23.5 308 Earthquake 2009 Italy
Hurricane Otis $16.0 $17 52 or more Tropical cyclone 2023 Mexico
Typhoon Yagi $15.8[citation needed] $15.8 815 Tropical cyclone 2024 Southeast Asia (, , ,, others)
2012 Northern Italy earthquakes $15.8 $21.6 27 Earthquake 2012 Italy
2013 European floods $15.6 $21.1 25 Flood 2013 Europe (, , , others)
Cyclone Amphan $15.5 $18.8 128 Tropical cyclone 2020 Eastern South Asia (, , , others)
Hurricane Matthew $15.1 $19.8 731 Tropical cyclone 2016 North America (, , , others)
Great Flood of 1993 $15 – $20 $32.7 – $43.5 47 Flood 1993 United States
Cyclones Daria, Vivian, and Wiebke $15 $36.1 197 European windstorm 1990 Western Europe (, , , others)
2004 Indian Ocean earthquake and tsunami $15 $25 230,000 – 280,000 Earthquake, Tsunami 2004 Southeast Asia (, , , others)
2010 Russian heat wave $15 $21.6 56,000 Wildfire, Heatwave 2010 Russia
October 2017 Northern California wildfires $15[better source needed] $19.2 44 Wildfire 2017 United States
2010 Chile earthquake $15 – $30 $21.6 – $43.3 525 Earthquake 2010 Chile
2020 Beirut explosion $15 $18.2 218 Ammonium nitrate explosion 2020 Lebanon
2024 European floods $14.9 $14.9 337+ Flood 2024 Europe (, , , others)
2023 Western North America heat wave $14.8 $15.3 995 Heatwave 2023 North America (, , )
2003 European heatwave $14.5 $24.8 72,000 Heatwave 2003 Europe (, , , others)
1988 Armenian earthquake $14.2 $37.8 38,000 Earthquake 1988 Armenia ( Soviet Union)
Hurricane Irene $14.2 $19.8 58 Tropical cyclone 2011 North America (, , , others)
Typhoon Jebi $13 $16.3 21 Tropical cyclone 2018 East Asia (, , , others)
Cyclone Nargis $12.9 $18.8 138,366 Tropical cyclone 2008 Myanmar
November 2015 Paris attacks $12.7 $16.8 130 Terror attack 2015 France
2015 South India floods $12 $15.9 506 Flood 2015 India
2020 Zagreb earthquake $11.7 $14.2 1 Earthquake 2020 Croatia, Slovenia
August 2020 Midwest derecho $11.5 $14 4 Derecho 2020 United States
August 2016 Central Italy earthquake $11 $14.4 299 Earthquake 2016 Italy
2023 Emilia-Romagna floods $11 $11.4 17 Flood 2023 Italy
2024 Spanish floods $11 $11 232 Flood 2024 Spain
2025 Myanmar earthquake $11 $11 5,456 Earthquake 2025 Indochina (, , , others)
Typhoon Fitow $10.4 $14 12 Tropical cyclone 2013 China
2011 Super Outbreak + Hackleburg–Phil Campbell and Tuscaloosa–Birmingham tornadoes $10.2 $14.3 348 Tornado outbreak 2011 United States
2021 Western North America heat wave $10.1 $11.7 1,400 Heat Wave 2021 Canada, United States
2016 Louisiana floods $10 – $15 $13.1 – $19.7 13 Flood 2016 United States
1980 United States heat wave $10 $38.2 1,700 – 10,000 Drought 1980 United States
Typhoon Mireille $10 $23.1 64 Tropical cyclone 1991 Japan
1999 Jiji earthquake $10 $18.9 2,415 Earthquake 1999 Taiwan
2007 Chūetsu earthquake $10 $15.2 11 Earthquake 2007 Japan
April 2015 Nepal earthquake $10 $13.3 8,964 Earthquake 2015 Southern Asia (, , , others)
Cyclone Kyrill $10 $15.2 44 European windstorm 2007 Western Europe (, , , others)
June 2008 Midwest floods $10 $14.6 16 Flood 2008 United States
1976 Tangshan earthquake $10 $55.3 242,419 – 655,000 Earthquake 1976 China
Typhoon Faxai $10 $12.3 3 Tropical cylone 2019 Japan, Wake Island
2014 Ludian earthquake $9.91 $13.2 615 – 727 Earthquake 2014 China
2018 Japan floods $9.86 (official estimated)
[citation needed]
$12.1 238 (official confirmed) Flood 2018 Japan
Hurricane Frances $9.8 $16.3 50 Tropical cyclone 2004 North America (, )
Hurricane Hugo $9.5 $24.1 60 Tropical cyclone 1989 North America (, , , others)
Hurricane Georges $9.4 $18.1 604 Tropical cyclone 1998 North America (, , , others)
Typhoon Lekima $9.28 $11.4 105 Tropical cyclone 2019 Southeast Asia (, , , others)
Cyclone Gabrielle $9.2 $9.5 11 Tropical cyclone 2023 New Zealand
2022 Nigeria floods $9.12 $9.8 612 Flood 2022 Nigeria
Tropical Storm Allison $9 $16 55 Tropical cyclone 2001 United States, Canada
Typhoon Songda $9 $15 28 Tropical cyclone 2004 Japan
2022 Fukushima earthquake $8.8 $9.5 4 Earthquake 2022 Japan
1999 İzmit earthquake $8.5 $16 17,127 – 18,373 Earthquake 1999 Turkey
Tropical Storm Allison $8.5 $15.1 55 Tropical cyclone 2001 United States
Hurricane Gustav $8.3 $12.1 153 Tropical cyclone 2008 North America (, , , others)
Hurricane Eta $8.3 $10.1 189 Tropical cyclone 2020 Caribbean basin (, , , others)
2010 Haiti earthquake $8.1 – $14 $11.7 – $20.2 100,000 – 220,000 Earthquake 2010 Haiti
Cyclone Fani $8.1 $10 89 Tropical cyclone 2019 India, Bangladesh
1990 Manjil–Rudbar earthquake $8 $19.3 45,000 Earthquake 1990 Iran
2017 Puebla earthquake $8 $10.3 370 Earthquake 2017 Mexico
Hurricane Jeanne $7.9 $13.2 3,035 Tropical cyclone 2004 North America (, , , others)
2016 Fort McMurray wildfire $7.61 $10 2 Wildfire 2016 Canada
2022 China heat wave $7.6 $8.2 50,900 Heatwave 2022 China
2023 Slovenia floods $7.6 $7.8 7 Flood 2023 Julian Alps (, , )
2001 Gujarat earthquake $7.5 $13.3 20,023 Earthquake 2001 India, Pakistan
2021 Pacific Northwest floods $7.5 $8.7 5 Flood 2021 Canada, United States
2024 Noto earthquake >$7.4 (estimated) >$7.4 570 Earthquake 2024 Japan
Hurricane Sally $7.3 $8.9 5 Tropical cyclone 2020 United States
Tornado outbreak sequence of May 19–27, 2024 $7.3 $7.3 31 Tornado outbreak 2024 United States
Typhoon Rammasun $7.13 $9.5 196 Tropical cyclone 2014 Southeast Asia (, , , others)
2023 Al Haouz earthquake $7 $7.2 2,960 Earthquake 2023 Morocco
Exxon Valdez oil spill $7 $17.8 0 Contamination (Oil) 1989 North America (, )
Typhoon Nina + 1975 Banqiao Dam failure $6.7 $39.2 229,000 Tropical cyclone, Dam failure 1975 China, Taiwan
Hurricane Floyd $6.5 $12.3 74 Tropical cyclone 1999 North America (, , )
2007 United Kingdom floods $6.5 $9.9 13 Flood 2007 United Kingdom
Typhoon Hato $6.41 $8.2 24 Tropical cyclone 2017 Southeast Asia (, , , others)
Space Shuttle Columbia disaster $6.4 $10.9 7 Space flight accident 2003 United States
Typhoon Saomai-Osang $6.3 $11.2 28 Tropical cyclone 2000 East Asia (, , )
Black Saturday bushfires $6.3 $9.2 173 Wildfire 2009 Australia
2017 Iran–Iraq earthquake $6.2 $8 630 Earthquake 2017 Iran, Iraq
Typhoon Morakot $6.2 $9.1 789 Tropical cyclone 2009 Southeast Asia (, , , others)
Hurricane Beryl $6.2 $6.2 70 Tropical cyclone 2024 Caribbean basin (, , , , others)
Hurricane Mitch $6.1 $11.8 11,374+ Tropical cyclone 1998 North America (, , , others)
Cyclone Xynthia $6.1 $8.8 75 European windstorm 2010 Western Europe (, , , others)
2020 Petrinja earthquake $6.1 $7.4 7 Earthquake 2020 Balkans (, , , others)
Tornado outbreak of May 6–10, 2024 $6.1 $6.1 6 Tornado outbreak 2024 United States
1989 Loma Prieta earthquake $6 $15.2 63 Earthquake 1989 United States
Typhoon Prapiroon $6 $11 75 Tropical cyclone 2000 Northeast Asia (, , , others)
Northeast blackout of 2003 $6 $10.3 11 Infrastructure failure (electric) 2003 United States, Canada
Cyclone Klaus $6 $8.8 26 European windstorm 2009 Southeastern Europe (, , , others)
2013 Alberta floods $6 $8.1 5 Flood 2013 Canada
Typhoon Shanshan $6 $6 8 Tropical cyclone 2024 Japan, South Korea
Tornado outbreak of March 31–April 1, 2023 $5.7 $5.9 33 Tornado outbreak 2023 United States
2020 Kyushu floods $5.67 $6.9 77 Flood 2020 Japan
Cyclone Gudrun $5.5 $8.9 24 European windstorm 2005 North Europe (, , , others)
Hurricane Isabel $5.5 $9.4 51 Tropical cyclone 2003 United States
1993 Storm of the Century $5.5 $12 270 Winter storm 1993 United States
2023 Hawaii wildfires $5.5 $5.7 102 Wildfire 2023 United States
2005 Kashmir earthquake $5.2 $8.4 86,000 – 87,351 Earthquake 2005 Pakistan , India
1980 El Asnam earthquake $5.2 $19.8 5,000 Earthquake 1980 Algeria
Hurricane Dorian $5.1 $6.3 84 Tropical cyclone 2019 North America (,,, others)
1931 China floods $5.07 $104.8 422,499 – 4,000,000 Flood 1931 China
1985 Mexico City earthquake $5 $14.6 10,000 – 35,000 Earthquake 1985 Mexico
Typhoon Herb $5 $10 284 – 590 Tropical cyclone 1996 East Asia (, , )
2003 Boumerdès earthquake $5 $8.5 2,266 Earthquake 2003 Algeria
2010 eruptions of Eyjafjallajökull $5 $7.2 0 Volcanic eruption 2010 Iceland, Northern Hemisphere (ash cloud only)
Tropical Storm Imelda $5 $6.1 5 Tropical cyclone 2019 United States
2025 Tibet earthquake $5 $5 126 Earthquake 2025 Southern Asia (, , )
2019 Karnataka floods $4.95 $6.1 61 Flood 2019 India
2014 Southeast Europe floods $4.8 $6.4 86 Flood 2014 Southeast Europe (, , , others)
2018 Kerala floods $4.8 $6 483 Flood 2018 India
2021–2022 Malaysian floods $4.77 $5.1 54 Flood 2022 Malaysia
Hurricane Opal $4.7 $9.7 63 Tropical cyclone 1995 North America (, , , others)
1997 Umbria and Marche earthquake $4.67 $9.1 11 Earthquake 1997 Italy
Typhoon Haiyan $4.6 $6.2 6,329 – 7,403 Tropical cyclone 2013 Southeast Asia (, , , others)
2022–2023 California floods $4.6 $4.7 22 Flood 2022-23 United States
1979 Montenegro earthquake $4.5 $19.5 136 Earthquake 1979 Yugoslavia (, , )
1997 Central European flood $4.5 $8.8 114 Flood 1997 Central Europe

(, , )

1997 Indonesian forest fires + 1997 Southeast Asian haze + Garuda Indonesia Flight 152 $4.47 $8.8 240 Wildfire, subsequent haze and plane crash 1997 Southeast Asia (, , , others)
1999 Odisha cyclone $4.44 $8.4 9,887 Tropical cyclone 1999 South Asia (, , , others)
2020 Sudan floods $4.43 $5.4 100 Flood 2020 Sudan
Cyclone Gonu $4.42 $6.7 78 Tropical cyclone 2007 Oman, Iran
Hurricane Zeta $4.4 $5.3 9 Tropical cyclone 2020 North America and the Antiles (, , , others)
Typhoon Mawar $4.3 $4.4 6 Tropical cyclone 2023 West Pacific basin (, , , others)
Cyclone Phailin $4.26 $5.8 46 Tropical cyclone 2013 South Asia (, , , others)
1999 Athens earthquake $4.2 $7.9 143 Earthquake 1999 Greece
Typhoon Rusa $4.2 $7.3 238 Tropical cyclone 2002 East Asia (, , , others)
Hurricane Manuel $4.2 $5.7 123 Tropical cyclone 2013 Mexico
Tornado outbreak sequence of May 2003 $4.1 $7 42 Tornado 2003 United States
2019 Iran floods $4.1 $5 77 Flood 2019 Iran
Great Storm of 1987 $4 $11.1 22 European windstorm 1987 Western Europe (, , , others)
2017 Chiapas earthquake $4 $5.1 98 Earthquake 2017 Mexico, Guatemala
Hurricane Dennis $3.98 $6.4 88 Tropical cyclone 2005 North America and the Antiles (, , , others)
1983 Spanish floods $3.9 $12.3 34 Flood 1983 Spain
Hurricane Stan $3.9 $6.3 1,673 Tropical cyclone 2005 Central America (, , , others)
Hurricane Karl $3.9 $5.6 22 Tropical cyclone 2010 Mexico, Belize
Tornado outbreak of December 10–11, 2021 $3.9 $4.5 90 Tornado 2021 United States
Cyclone Chido $3.9 $3.9 172+ Cyclone 2024 South-west Africa (, , , others)
Typhoon Mangkhut $3.74 $4.7 134 Tropical cyclone 2018 Southeast Asia (, , , others)
2024 Rio Grande do Sul floods $3.7 $3.7 181 Flood 2024 Brazil, Uruguay
Hurricane Isabel $3.6 $6.2 51 Tropical cyclone 2003 North America and the Antiles (, , , others)
Cyclone Yasi $3.6 $4.6 7 Tropical cyclone 2011 Australia
Cyclone Hudhud $3.58 $4.8 124 Tropical cyclone 2014 India,   Nepal
Typhoon Utor $3.55 $4.8 97 Tropical cyclone 2013 China, Philippines
Cyclone Matmo–Bulbul $3.54 $4.4 43 Tropical cyclone 2019 South Asia (, , , others)
Vargas tragedy $3.5 $6.6 10,000 – 30,000 Flood, landslide and mudflow 1999 Venezuela
2016 Kaikōura earthquake $3.5 $4.6 2 Earthquake 2016 New Zealand
Hurricane Idalia $3.5 $3.6 12 Tropical cyclone 2023 North America (, , , others)
Cyclone Vardah $3.37 $4.4 47 Tropical cyclone 2016 Indian Ocean basin (, , , others)
2022 eastern Australia floods $3.33 $3.6 27 Flood 2022 Australia
Hurricane Luis $3.3 $6.8 19 Tropical cyclone 1995 North America and the Antiles (, , , others)
2018 Hokkaido Eastern Iburi earthquake $3.3 $4.1 41 Earthquake 2018 Japan
1976 Çaldıran–Muradiye earthquake $3.2 $17.7 5,000 Earthquake 1976 Turkey, Iran
Space Shuttle Challenger disaster $3.2 $9.2 7 Space flight accident 1986 United States
Typhoon Winnie $3.2 $6.3 372 Tropical cyclone 1997 East Asia (, , , others)
2010 Central European floods $3.14 $4.5 37 Flood 2010 Central Europe (, , , others)
Hurricane Isaac $3.11 $4.3 41 Tropical cyclone 2012 North America and the Antiles (, , , others)
1976 Moro Gulf earthquake $3.1 $17.1 8,000 Earthquake 1976 Philippines
Hurricane Iniki $3.1 $6.9 6 Tropical cyclone 1992 United States
2006 Yogyakarta earthquake $3.1 $4.8 5,749 Earthquake 2006 Indonesia
2019–20 Puerto Rico earthquakes $3.1 $3.8 4 Earthquake 2020 Puerto Rico
2023 Canadian wildfires $3.1 $3.2 8 Wildfire 2023 Canada, United States
Hurricane Delta $3.09 $3.8 6 Tropical cyclone 2020 North and Central America (, , , others)
Hurricane Fiona $3.09 $3.3 29 Tropical cyclone 2022 North America (, , , others)
1964 Niigata earthquake $3.0 $30.4 36 Earthquake 1964 Japan
Hurricane Alicia $3.0 $9.5 21 Tropical cyclone 1983 United States
Hurricane Gilbert $3.0 $8 318 Tropical cyclone 1988 North America (, , , others)
2016 Ecuador earthquake $3.0 $3.9 676 Earthquake 2016 Latin America (, , )
2019 Arkansas River floods $3.0 $3.7 5 Flood 2019 United States
Cyclone Yaas $2.99 $3.5 20 Tropical cyclone 2021 South Asia (, , , others)
June 2012 North American derecho $2.9 $4 22 Derecho 2012 United States
2019 Midwestern U.S. floods $2.9 $3.6 3 Flood 2019 United States
Tropical Storm Lee $2.8 $3.9 18 Tropical cyclone 2011 United States
2011 Joplin tornado $2.8 $3.9 158 Tornado 2011 United States
Cyclone Debbie $2.73 $3.5 14 Tropical cyclone 2017 Australia, New Zealand
AZF chemical plant explosion $2.68 $4.8 29 Explosion 2001 France
2010 Canterbury earthquake $2.63 $3.8 2 Earthquake 2010 New Zealand
1989 Newcastle earthquake $2.6 $6.6 13 Earthquake 1989 Australia
Tornado outbreak sequence of May 2019 $2.5 $3.1 8 Tornado 2019 United States
2017 Montana wildfires $2.5 $3.2 2 Drought, Wildfire 2017 United States
2017 Minneapolis hailstorm $2.5 $3.2 0 Hailstorm 2017 United States
Hurricane John $2.5 $2.5 29 Tropical cyclone 2024 Mexico
2024 Hualien earthquake $2.5 $2.5 19 Earthquake 2024 Eastern Asia (, , )
Hurricane Michelle $2.43 $4.3 48 Tropical cyclone 2001 North and Central America (, , , others)
Severe weather sequence of July 13–16, 2024 $2.4 $2.4 5 Derecho, tornado outbreak, flood 2024 United States
Typhoon Gaemi $2.31 $2.3 126 Tropical cyclone 2024 Southeast Asia (, , , others)
Cyclone Sidr $2.3 $3.5 15,000 Tropical cyclone 2007 Southern Asia (, , , others)
2009 Sumatra earthquakes $2.3 $3.4 1,115 Earthquake 2009 Indonesia
Typhoon Matsa $2.23 $3.6 25 Tropical cyclone 2005 East Asia (, , , others)
2022 Luding earthquake $2.23 $2.4 93 Earthquake 2022 China
Storm Ciarán $2.22 $2.3 21 European windstorm 2023 Europe (, , , others)
2017 Denver hailstorm $2.2 $2.8 0 Hailstorm 2017 United States
2011 Van earthquakes $2.2 $3.1 642 Earthquake 2011 Turkey
Cyclone Mocha $2.2 $2.3 463 – 564 Tropical cyclone 2023 Southern Asia (, , , , others)
Cyclone Roanu $2.13 $2.8 135 Tropical cyclone 2016 South Asia (, , , others)
Hurricane Agnes $2.1 $15.8 128 Tropical cyclone 1972 North America and the Antiles (, , , others)
Cyclones BOB 03 and Yemyin $2.1 $3.2 983 Tropical cyclone 2007 South Asia (, , )
Tornado outbreak of March 6–7, 2017 $2.1 $2.7 0 Tornado 2017 United States
2021 eastern Australia floods $2.1 $2.4 5 Flood 2021 Australia
Cyclone Komen $2.06 $2.7 167 Tropical cyclone 2015 South Asia (, , )
2023 Jishishan earthquake $2.05 $2.1 151 Earthquake 2023 China
Typhoon In-fa $2.04 $2.4 6 Tropical cyclone 2021 East Asia (, , , others)
Teton Dam disaster $2 $11.1 11 Dam failure 1976 United States
1977 Vrancea earthquake $2 $10.4 1,700 Earthquake 1977 Black Sea basin (, , , others)
Hurricane Joan–Miriam $2 $5.3 337 Tropical cyclone 1988 Central and South America (, , , others)
1999 Colombia earthquake $2 $3.8 1,900 – 5,800 Earthquake 1999 Colombia
December Storm $2 $3.8 20 European windstorm 1999 Central Europe (, , )
2001 Nisqually earthquake $2 $3.6 1 Earthquake 2001 United States
Costa Concordia disaster $2 $2.7 33 Maritime disaster 2012 Italy
2013 Moore tornado $2 $2.7 26 Tornado 2013 United States
2022 Afghanistan floods $2 $2.1 670 Flood 2022 Afghanistan
2024 Persian Gulf floods $2 $2 46 Flood 2024 Persian Gulf basin (, , , others)
Hurricane Debby $2 $2 10 Tropical cyclone 2024 North America and Antiles (, , , others)
2003 Tokachi earthquake $1.9 $3.2 1 Earthquake 2003 Japan
Francis Scott Key Bridge collapse $1.9 $1.9 6 Bridge collapse 2024 United States
Cyclone Aila $1.83 $2.7 339 Tropical cyclone 2009 Bangladesh, India
Typhoon Hinnamnor $1.81 $1.9 20 Tropical cyclone 2022 East Asia (, , , others)
Hurricane Fifi–Orlene $1.8 $11.5 8,210 Tropical cyclone 1974 Central America (, , , others)
2011 Groundhog Day blizzard $1.8 $2.5 36 Winter storm 2011 North America (,,)
2023 North India floods $1.8 $1.9 422 Flood 2023 India
Hurricane David $1.79 $7.8 2,078 Tropical cyclone 1979 North America and the Antiles (, , , others)
Hurricane Frederic $1.77 $7.7 12 Tropical cyclone 1979 North America and the Antiles (, , , others)
Cyclone Jal $1.73 $2.5 118 Tropical cyclone 2010 South and Southeast Asia (, , , others)
2018 Sulawesi earthquake and tsunami $1.71 $2.1 4,340 (confirmed) Earthquake and tsunami 2018 Indonesia
Piper Alpha explosion $1.7 $5.8 165 Explosion (oil rig) 1988 United Kingdom
1991 Bangladesh cyclone $1.7 $3.9 138,866 Tropical cyclone 1991 Southern Asia (, , , others)
Deep Depression ARB 02 $1.64 $2.4 180 Tropical cyclone 2008 Yemen
Typhoon Man-yi $1.62 $2.2 6 Tropical cyclone 2013 Japan
2016 Kaikōura earthquake $1.62 $2.1 2 Earthquake 2016 New Zealand
2001 El Salvador earthquakes $1.6 $2.8 1,259 Earthquake 2001 Latin America (, , )
Hurricane Dolly $1.6 $2.3 22 Tropical cyclone 2008 North and Central America (, , , others)
2013 Lushan earthquake $1.6 $2.2 216 Earthquake 2013 China
2021 Haiti earthquake $1.6 $1.9 2,248 Earthquake 2021 Haiti
Hurricane Allen $1.57 $6 269 Tropical cyclone 1980 North America (, , , , others)
2020 Central Vietnam floods $1.57 $1.9 233 Flood 2020 Indochina (, < )
Cyclone Tauktae $1.57 $1.8 174 Tropical cyclone 2021 South Asia (, , , others)
2022 KwaZulu-Natal floods $1.57 $1.7 436 Flood 2022 South Africa
2020 Elazığ earthquake $1.56 $1.9 41 Earthquake 2020 Turkey
2019 Dallas tornado $1.55 $1.9 0 Tornado 2019 United States
Cyclone Freddy $1.53 $1.6 1,434 Tropical cyclone 2023 Southern Africa (, , , others)
Autumn 2000 Western Europe floods $1.52 $2.8 20 Flood 2000 Western Europe (, , , others)
Hurricane Juan $1.5 $4.4 12 Tropical cyclone 1985 United States, Canada
Hurricane Bob $1.5 $3.5 17 Tropical cyclone 1991 North Atlantic Ocean (, , )
2003 Bam earthquake $1.5 $2.6 34,000 Earthquake 2003 Iran
Typhoon Talim $1.5 $2.4 172 Tropical cyclone 2005 Southeast Asia (, , )
Hurricane Ingrid $1.5 $2 32 Tropical cyclone 2013 Mexico, United States
Cyclone Mekunu $1.5 $1.9 31 Tropical cyclone 2018 Arabian Peninsula (, , )
Brumadinho dam disaster $1.5 $1.8 270 Dam failure 2019 Brazil
Typhoon Hagupit $1.5 $1.8 17 Tropical cyclone 2020 East Asia (, , , others)
Hurricane Francine $1.5 $1.5 0 Tropical cyclone 2024 United States, Mexico
Typhoon Jongdari $1.48 $1.9 0 Tropical cyclone 2018 Japan, China
Tropical Storm Etau (2009) $1.44 $2.1 28 Tropical cyclone 2009 Japan
2023 Auckland Anniversary Weekend floods $1.43 $1.5 4 Flood 2023 New Zealand
Hurricane Camille $1.42 $12.2 259 Tropical cyclone 1969 North America and the Antiles (, , , others)
2020 Nashville tornado $1.418 $1.7 5 Tornado 2020 United States
Cyclone Winston $1.4 $1.8 44 Tropical cyclone 2016 Fiji
Cyclone Idai $1.4 $1.7 1,593 Tropical cyclone 2019 Southern Africa (, , , others)
Hurricane Iota $1.4 $1.7 84 Tropical cyclone 2020 Latin America (, , others)
2021 Cumbre Vieja volcanic eruption $1.4 $1.6 1 Volcanic eruption 2021 Spain
2009 Messina floods and mudslides $1.39 $2 31 Flood and mudslides 2009 Italy
Hurricane Elena $1.3 $3.8 9 Tropical cyclone 1985 United States, Cuba
Tropical Storm Fred $1.3 $1.5 7 Tropical cyclone 2021 North America and the Antiles (, , , others)
2021 Fukushima earthquake $1.3 $1.5 1 Earthquake 2021 Japan
1993 Latur earthquake $1.3 $2.8 9,748 Earthquake 1993 India
Hurricane Isidore $1.28 $2.2 22 Tropical cyclone 2002 North and Central America (, , , others)
2011 European floods $1.25 $1.7 17 Flood 2011 Europe and North Africa (, , , others)
Hurricane Odile $1.25 $1.7 18 Tropical cyclone 2014 Mexico, United States
Cedar Fire $1.24 – $2 $2.1 – $3.4 15 Wildfire 2003 United States
2020 Hyderabad floods $1.23 $1.5 98 Flood 2020 India
2020 Calgary hailstorm $1.2 – $1.4 $1.5 – $1.7 0 Hailstorm 2020 Canada
1965 Palm Sunday tornado outbreak $1.217 $12.1 266 Tornado outbreak 1965 United States
1996 Oman cyclone $1.2 $2.4 341 Tropical cyclone 1996 Arabian Sea basin (, , )
January 2011 Rio de Janeiro floods and mudslides $1.2 $1.7 916 Flood, mudslides 2011 Brazil
Cyclone Veronica $1.2 $1.5 0 Tropical cyclone 2019 Australia, East Timor
Hurricane Elsa $1.2 $1.4 13 Tropical cyclone 2021 North America and the Antiles (, , , others)
July–August 2022 United States floods $1.2 $1.3 44 Flood 2022 United States
2023 São Paulo floods and landslides $1.2 $1.2 65 Flood, landslide 2023 Brazil
2024 Houston derecho $1.2 $1.2 8 Derecho 2024 United States
Typhoon Fred $1.18 $2.5 3,063 Tropical cyclone 1994 East Asia (, , )
Typhoon Haitang $1.17 $1.9 20 Tropical cyclone 2005 East Asia (, , )
2010 Baja California earthquake $1.15 $1.7 4 Earthquake 2010 Mexico, United States
Cyclone Ita $1.15 $1.5 40 Tropical cyclone 2014 Oceania (, , , others)
Typhoon Bopha $1.1 $1.5 1,901 Tropical cyclone 2012 Philippines
Three Mile Island accident $1.1 $4.8 0 Contamination (Radiation) 1979 United States
1980 eruption of Mount St. Helens $1.1 $4.2 57 Volcanic eruption, Subsequent landslides and mudslides 1980 United States
Tropical Storm Agatha $1.1 $1.6 204 Tropical cyclone 2010 Central America (, , , others)
2013 North India floods $1.1 $1.5 6,054 Flood 2013 India,   Nepal
May 2021 South Central United States flooding $1.1 $1.3 5 Flood 2021 United States
Hurricane Nicholas $1.1 $1.3 4 Tropical cyclone 2021 United States, Mexico
East Palestine, Ohio, train derailment $1.1 $1.1 0 Contamination (Hazardous materials) 2023 United States
2019 Albania earthquake $1.09 $1.3 51 Earthquake 2019 Albania
2015 Tianjin explosions $1.08 (official estimated)
[citation needed]
$1.4 173 (official confirmed) Explosion 2015 China
Typhoon Vamco $1.06 $1.3 102 Tropical cyclone 2020 Southeast Asia (, , others)
Cyclone Garance $1.05 $1.1 5 Tropical cyclone 2025 Southwest Indian Ocean (, , )
Tropical Storm Alberto $1.03 $2.2 33 Tropical cyclone 1994 United States
Typhoon Damrey $1.03 $1.3 142 Tropical cyclone 2017 Southeast Asia (, , , others)
1923 Great Kantō earthquake $1 $18.5 142,800 Earthquake 1923 Japan
1948 Fukui earthquake $1 $13.1 3,769 Earthquake 1948 Japan
Vajont Dam disaster $1 $10.3 2,500 Landslide, subsequent Megatsunami and dam failure 1963 Italy
1963 Skopje earthquake $1 $10.3 1,100 Earthquake 1963 North Macedonia ( Yugoslavia)
1972 Nicaragua earthquake $1 $7.5 10,000 Earthquake 1972 Nicaragua
1976 Guatemala earthquake $1 $5.5 23,000 Earthquake 1976 Guatemala, Belize
Typhoon Ketsana $1 $1.5 921 Tropical cyclone 2009 Southeast Asia (, , , )
Armero tragedy $1 $2.9 22,540 Volcano eruption, Mudslides 1985 Colombia
Surfside condominium collapse $1 $1.2 98 Structure failure 2021 United States
1978 Thessaloniki earthquake $1 $4.8 50 Earthquake 1978 Greece, Yugoslavia, Bulgaria
1983 Sea of Japan earthquake $1 $3.2 104 Earthquake 1983 Japan
1985 Algarrobo earthquake $1 $2.9 177 Earthquake 1985 Chile
1987 Ecuador earthquakes $1 $2.8 1,000 – 5,000 Earthquake 1987 Ecuador
1988 Nepal earthquake $1 $2.7 709 Earthquake 1988   Nepal, India
1992 Cairo earthquake $1 $2.2 561 Earthquake 1992 Egypt
1994 Páez River earthquake $1 $2.1 1,100 Earthquake 1994 Colombia
1998 Adana–Ceyhan earthquake $1 $1.9 145 Earthquake 1998 Turkey
1999 Düzce earthquake $1 $1.9 845 – 894 Earthquake 1999 Turkey
1999 Bridge Creek–Moore tornado $1 $1.9 41 Tornado 1999 United States
2014 South Napa earthquake $1 $1.3 1 Earthquake 2014 United States
Cyclone Luban $1 $1.3 14 Tropical cyclone 2018 Arabian Sea basin (, , )
Hurricane Nicole $1 $1.1 11 Tropical cyclone 2022 North America and the Antiles (, , , others)
2024 Chile wildfires $1 $1 137-507 Wildfire 2024 Chile

Under $1 billion

This table lists notable disasters which are estimated to have an economic cost of less than 1 billion United States dollars without taking inflation into account. This includes historical disasters, such as the Great Chicago Fire, which would surpass the value of $1 billion in modern currency.

Note: All damage figures are listed in millions of United States dollars.

List of disasters by cost. Under $1 billion. Actual, and inflated to 2024 (unless otherwise stated)
Event Cost ($ millions) Fatalities Type Year Nation(s)
Actual Inflated
Cyclone Akash $982 $1489 14 Tropical cyclone 2007 South Asia (, , )
2013 Washington, Illinois tornado $935 $1262 3 Tornado 2013 United States
2016 Great Smoky Mountains wildfires $922 $1208 14 Wildfire 2016 United States
Daulatpur–Saturia tornado $1.5-900 $3.8 - $2283 1,300 Tornado 1989 Bangladesh
2020 Korea floods $875 $1063 32 Flood 2020 South Korea
1981 Gulf of Corinth earthquakes $812 $2808 22 Earthquake 1981 Greece
2019 Sichuan earthquake $812 $999 13 Earthquake 2019 China
1978 Miyagi earthquake $800 $3857 28 Earthquake 1978 Japan
Cyclone Nisha $800 $1168 204 Tropical cyclone 2008 India, Sri Lanka
Cyclone Helen $796 $1074 10 Tropical cyclone 2013 India
Hurricane Nate $787 $1010 48 Tropical cyclone 2017 North and Central America (, , , others)
Hurricane Flora $773 $7939 7,193 Tropical cyclone 1963 North and Central America (, , , others)
2021 South Moravia tornado $716 $831 6 Tornado 2021 Czech Republic
1991 Mount Pinatubo eruption $700 $1616 800 Volcano 1991 Philippines
2011 Slave Lake wildfire $700 $978 1 Wildfire 2011 Canada
1995 Aigio earthquake $660 $1362 26 Earthquake 1995 Greece
2021 Maduo earthquake $646 $750 20 Earthquake 2021 China
5 August 2018 Lombok earthquake $607 $760 563 Earthquake 2018 Indonesia
1974 Super Outbreak + Xenia tornado $600 $3826 335 Tornado outbreak 1974 United States and Canada
1993 Okushiri earthquake $600 $1306 230 Earthquake 1993 Japan
2015 Illapel earthquake $600 $796 15 Earthquake 2015 Chile, Argentina
Cyclone Tracy $500 – $600 $3188 – $3826 71 Tropical cyclone 1974 Australia
2018 Ponte Morandi collapse $575 $720 43 Bridge collapse 2018 Italy
1960 Valdivia earthquake $550 $5846 6,000 Earthquake 1960 Pacific Rim (, , , others)
2011 Lorca earthquake $534 $746 9 Earthquake 2011 Spain
1970 Ancash earthquake $530 $4291 70,000 Earthquake 1970 Peru
2024 Uqturpan earthquake $527 $527 3 Earthquake 2024 Central Asia (, , , others)
2000 Mozambique flood $525 $959 800 Flood 2000 Mozambique
1906 San Francisco earthquake $524 $18338 3,000 Earthquake 1906 United States
I-35W Mississippi River Bridge collapse $483 – $543 $732 – 823 13 Structure failure 2007 United States
2017 Jiuzhaigou earthquake $500 $641 25 Earthquake 2017 China
1971 San Fernando earthquake $500 $3882 65 Earthquake 1971 United States
1984 Romeoville petroleum refinery disaster $500 $1513 17 Explosion 1984 United States
October 1999 Mexico floods $491.3 $927 636 Flood 1999 Central America (, , , others)
Typhoon Tip $484 $2097 99 Tropical cyclone 1979 East Asia (, , , others)
2011 Shan earthquake $475 $664 151 Earthquake 2011 Indochina (, , , others)
1995 Kozani–Grevena earthquake $450 $929 0 Earthquake 1995 Greece
2007 Peru earthquake $450 $682 595 Earthquake 2007 Peru
2014 Aegean Sea earthquake $450 $598 3 Earthquake 2014 Southeastern Europe (, , )
1964 Alaska earthquake $400 $4055 139 Earthquake 1964 United States, Canada
1990 Carlentini earthquake $400 $963 19 Earthquake 1990 Italy
2020 Aegean Sea earthquake $400 $486 119 Earthquake and tsunami 2020 Greece, Turkey
Ariane 5 Flight 501 $370 $742 0 Space flight accident 1996 French Guiana
1990 Luzon earthquake $369 $888 1,621 Earthquake 1990 Philippines
New York City blackout of 1977 $350 $1816 1 Infrastructure failure (electric) 1977 United States
1935 Yangtze flood $333 $7637 145,000 Flood 1935 China
Mars Climate Orbiter & Mars Polar Lander $328 $619 0 Space flight accident 1999 United States
Hurricane Keith $319 $582 68 Tropical cyclone 2000 Central America (, , , others)
1995 Neftegorsk earthquake $300 $619 1,989 Earthquake 1995 Russia
Hitomi breakup $273 $358 0 Space flight accident 2016 Japan
Typhoon Vera $261 $2815 5,098 (official confirmed) Tropical cyclone 1959 Japan
2022 West Java earthquake $256 $275 635 Earthquake 2022 Indonesia
1953 Worcester tornado $250 $2938 90 Tornado 1953 United States
1971 Aconcagua earthquake $250 $1941 83 Earthquake 1971 Chile
2024 Port Vila earthquake $232 $232 14+ Earthquake 2024 Vanuatu
Great Chicago Fire $222 $5827 300 Fire 1871 United States
2001 southern Peru earthquake $215 $382 145 Earthquake 2001 Peru
1907 Qaratog earthquake $200 $6749 15,000 Earthquake 1907 Tajikistan, Uzbekistan
1985 Kayrakkum earthquake $200 $585 29 Earthquake 1985 Tajikistan
2009 Samoa earthquake and tsunami $200 $293 189 Earthquake 2009 South Pacific Ocean (, , , others)
2022 Hunga Tonga–Hunga Haʻapai eruption and tsunami $182 $196 7 Volcanic eruption and tsunami 2022 Tonga
2025 Tainan–Chiayi earthquake $162 $162 0 Earthquake 2025 Taiwan
1967 Caracas earthquake $140 $1415 300 Earthquake 1967 Venezuela
CryoSat-1 $118 $190 0 Space flight accident 2005 Russia
1970 Bhola cyclone $86.4 $700 300,000 Tropical cyclone 1970 Bangladesh, India
1908 Messina earthquake $86.3 $3020 75,000-82,000 Earthquake 1908 Italy
1997 Cariaco earthquake $81 $159 81 Earthquake 1997 Venezuela
1915 Avezzano earthquake $60 $1865 32,610 Earthquake 1915 Italy
2021 West Sulawesi earthquake $58.1 $67 105 Earthquake 2021 Indonesia
1962 Vallés floods $44.2 (official estimated)[citation needed] $459 617 (official confirmed) Flood 1962[citation needed] Spain
Sinking of the Titanic $25 $815 1,490 – 1,635 Shipwreck 1912 United Kingdom
Mariner 1 $18.1 $188 0 Space flight accident 1962 United States

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