Direct disaster economic loss in Australia
Australia: Direct disaster economic loss was 171.31 million current united states dollars in 2024. ◆ Volatile
Latest (2024)
171.31 million current united states dollars
Change on year
down 56.4%
World rank
42nd
of 130 countries
All-time high
1.95 billion current united states dollars
in 2022
All-time low
0 current united states dollars
in 2009
Years of data
16
2009–2024
Direct disaster economic loss in Australia, 2009–2024
Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.
Analysis
In 2024, direct disaster economic loss in Australia stood at 171.31 million current united states dollars.
That represents a change of down 56.4% on the previous year and up 6,593.5% over ten years.
Over the whole period, direct disaster economic loss in Australia peaked at 1.95 billion current united states dollars in 2022 and was at its lowest, 0 current united states dollars, in 2009.
Australia ranks 42nd of 130 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Direct disaster economic loss in Australia, year by year
| Year | current united states dollars | Change |
|---|---|---|
| 2009 | 0 current united states dollars | — |
| 2010 | 106.31 million current united states dollars | — |
| 2011 | 113.52 million current united states dollars | +6.8% |
| 2012 | 6.88 million current united states dollars | -93.9% |
| 2013 | 59.95 million current united states dollars | +770.9% |
| 2014 | 2.56 million current united states dollars | -95.7% |
| 2015 | 78.46 million current united states dollars | +2965.4% |
| 2016 | 38.92 million current united states dollars | -50.4% |
| 2017 | 92.57 million current united states dollars | +137.9% |
| 2018 | 186.48 million current united states dollars | +101.4% |
| 2019 | 334.24 million current united states dollars | +79.2% |
| 2020 | 168.78 million current united states dollars | -49.5% |
| 2021 | 149.87 million current united states dollars | -11.2% |
| 2022 | 1.95 billion current united states dollars | +1199.6% |
| 2023 | 392.89 million current united states dollars | -79.8% |
| 2024 | 171.31 million current united states dollars | -56.4% |
Australia compared with similar countries
- Australia's 171.31 million current united states dollars is above the median for high income countries, which is 47.61 million current united states dollars, 3.6× the median. (32 countries reporting)
- Australia's 171.31 million current united states dollars is above the median for East Asia & Pacific, which is 21.34 million current united states dollars, 8.0× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Direct disaster economic loss in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +2965.4% | 2.56 million current united states dollars | 78.46 million current united states dollars |
| 2022 | +1199.6% | 149.87 million current united states dollars | 1.95 billion current united states dollars |
| 2013 | +770.9% | 6.88 million current united states dollars | 59.95 million current united states dollars |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0 current united states dollars | 0 current united states dollars | 0 current united states dollars | 1 |
| 2010s | 101.99 million current united states dollars | 2.56 million current united states dollars | 334.24 million current united states dollars | 10 |
| 2020s | 566.13 million current united states dollars | 149.87 million current united states dollars | 1.95 billion current united states dollars | 5 |
Countries ranked near Australia
- 39 Myanmar 208.48 million current united states dollars compare
- 40 Uruguay 203.64 million current united states dollars compare
- 41 Malaysia 198.80 million current united states dollars compare
- 43 South Africa 171.00 million current united states dollars compare
- 44 Tanzania 150.19 million current united states dollars compare
- 45 Sweden 141.38 million current united states dollars compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is direct disaster economic loss in Australia?
- Direct disaster economic loss in Australia was 171.31 million current united states dollars in 2024, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
- What is the highest direct disaster economic loss recorded in Australia?
- The highest recorded value was 1.95 billion current united states dollars in 2022.
- What is the lowest direct disaster economic loss recorded in Australia?
- The lowest recorded value was 0 current united states dollars in 2009.
- How does Australia rank for direct disaster economic loss?
- Australia ranks 42nd out of 130 countries with data for 2024.
- Is direct disaster economic loss rising or falling in Australia?
- Over the last ten years it is up 6,593.5%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from UN Office for Disaster Risk Reduction – processed by Our World in Data, published as part of Direct disaster economic loss. Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Direct economic loss attributed to disasters (current United States dollars).