Australia vs Korea: Direct disaster economic loss
Australia
392.89 million
in 2023
Korea
480.99 million
in 2022
Australia rank
23rd
Korea rank
22nd
Direct disaster economic loss over time
- Australia
- Korea
How they compare
Korea currently reports 480.99 million against 392.89 million in Australia, a difference of 88.10 million.
That makes Korea's figure about 1.2 times Australia's.
The two have swapped places 5 times across 14 shared years of data; in 2009 it was Korea ahead.
Australia ranks 23rd and Korea ranks 22nd of 126 countries.
Across the 3 decades both report, Australia averaged higher in 1 and Korea in 2.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0 | 58.47 million | 58.47 million | Korea |
| 2010s | 102.01 million | 112.80 million | 10.80 million | Korea |
| 2020s | 755.22 million | 192.45 million | 562.77 million | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher direct disaster economic loss, Australia or Korea?
- Korea, at 480.99 million against 392.89 million in Australia as of 2022.
- What is the difference in direct disaster economic loss between Australia and Korea?
- 88.10 million, with Korea ahead.
- How many years of comparable data are there for Australia and Korea?
- 14 years are reported by both, from 2009 to 2022.
- How do Australia and Korea rank globally for direct disaster economic loss?
- Australia ranks 23rd and Korea ranks 22nd of 126 countries.
- Where does this data come from?
- Our World in Data, published as Direct disaster economic loss. Statizoid refreshes it automatically from the source and publishes the full history for both places.