Australia vs Republic of Korea: Direct economic loss attributed to disasters
Australia
392.89 million
in 2023
Republic of Korea
480.99 million
in 2022
Australia rank
23rd
Republic of Korea rank
22nd
Direct economic loss attributed to disasters over time
- Australia
- Republic of Korea
How they compare
Republic of Korea currently reports 480.99 million against 392.89 million in Australia, a difference of 88.10 million.
That makes Republic of 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 Republic of Korea ahead.
Australia ranks 23rd and Republic of Korea ranks 22nd of 126 countries.
Across the 3 decades both report, Australia averaged higher in 1 and Republic of Korea in 2.
Head to head by decade
| Decade | Australia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0 | 58.47 million | 58.47 million | Republic of Korea |
| 2010s | 102.01 million | 112.80 million | 10.80 million | Republic of 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 economic loss attributed to disasters, Australia or Republic of Korea?
- Republic of Korea, at 480.99 million against 392.89 million in Australia as of 2022.
- What is the difference in direct economic loss attributed to disasters between Australia and Republic of Korea?
- 88.10 million, with Republic of Korea ahead.
- How many years of comparable data are there for Australia and Republic of Korea?
- 14 years are reported by both, from 2009 to 2022.
- How do Australia and Republic of Korea rank globally for direct economic loss attributed to disasters?
- Australia ranks 23rd and Republic of Korea ranks 22nd of 126 countries.
- Where does this data come from?
- Our World in Data, published as Direct economic loss attributed to disasters. Statizoid refreshes it automatically from the source and publishes the full history for both places.