Direct disaster economic loss in Korea, Rep.
Korea, Rep.: Direct disaster economic loss was 480.99 million current united states dollars in 2022. ◆ Volatile
Direct disaster economic loss in Korea, Rep., 2005–2022
Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.
Analysis
The most recent figure for direct disaster economic loss in Korea, Rep. is 480.99 million current united states dollars, measured in 2022. That is the highest value across all 18 years on record.
The figure is up 1,610.4% on the previous year and up 313.2% over ten years.
Over the whole period, direct disaster economic loss in Korea, Rep. peaked at 480.99 million current united states dollars in 2022 and was at its lowest, 10.30 million current united states dollars, in 2015.
Korea, Rep. ranks 22nd of 126 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.99 million current united states dollars | 20.81 million current united states dollars | 111.53 million current united states dollars | 5 |
| 2010s | 112.80 million current united states dollars | 10.30 million current united states dollars | 368.31 million current united states dollars | 10 |
| 2020s | 192.45 million current united states dollars | 28.12 million current united states dollars | 480.99 million current united states dollars | 3 |
Countries ranked near Korea, Rep.
- 19 Colombia 658.26 million current united states dollars compare
- 20 Morocco 609.12 million current united states dollars compare
- 21 Peru 521.66 million current united states dollars compare
- 23 Australia 392.89 million current united states dollars compare
- 24 Mali 373.79 million current united states dollars compare
- 25 Madagascar 343.19 million current united states dollars compare
More economy & growth data for Korea, Rep.
- External balance on goods and services as a percent of GDP 5.2% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 37,470 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 27.4% (2025)
- Gross domestic product (GDP) 1.94 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 37,470 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
Frequently asked questions
- What is direct disaster economic loss in Korea, Rep.?
- Direct disaster economic loss in Korea, Rep. was 480.99 million current united states dollars in 2022, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
- What is the highest direct disaster economic loss recorded in Korea, Rep.?
- The highest recorded value was 480.99 million current united states dollars in 2022.
- What is the lowest direct disaster economic loss recorded in Korea, Rep.?
- The lowest recorded value was 10.30 million current united states dollars in 2015.
- How does Korea, Rep. rank for direct disaster economic loss?
- Korea, Rep. ranks 22nd out of 126 countries with data for 2022.
- Is direct disaster economic loss rising or falling in Korea, Rep.?
- Over the last ten years it is up 313.2%. The long-run trend across the full record is volatile.
- Where does this Korea, Rep. 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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About this data
Direct economic loss attributed to disasters (current United States dollars)