Direct disaster economic loss in Mongolia

Mongolia: Direct disaster economic loss was 52.19 million current united states dollars in 2023. ◆ Volatile

Latest (2023)
52.19 million current united states dollars
Change on year
up 152.3%
World rank
45th
of 126 countries
All-time high
178.67 million current united states dollars
in 2020
All-time low
20.68 million current united states dollars
in 2022
Years of data
19
2005–2023

Direct disaster economic loss in Mongolia, 2005–2023

050.0M100.0M150.0M200.0M2005201420232005: 29.3M current united states dollars2006: 29.3M current united states dollars2007: 36.4M current united states dollars2008: 30.1M current united states dollars2009: 26.3M current united states dollars2010: 41.0M current united states dollars2011: 44.0M current united states dollars2012: 59.2M current united states dollars2013: 58.5M current united states dollars2014: 56.3M current united states dollars2015: 140.0M current united states dollars2016: 150.3M current united states dollars2017: 129.5M current united states dollars2018: 64.8M current united states dollars2019: 131.7M current united states dollars2020: 178.7M current united states dollars2021: 43.9M current united states dollars2022: 20.7M current united states dollars2023: 52.2M current united states dollars

Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.

Analysis

Mongolia recorded 52.19 million current united states dollars for direct disaster economic loss in 2023.

The figure is up 152.3% on the previous year and down 10.8% over ten years.

Over the whole period, direct disaster economic loss in Mongolia peaked at 178.67 million current united states dollars in 2020 and was at its lowest, 20.68 million current united states dollars, in 2022.

Mongolia ranks 45th of 126 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.28 million current united states dollars 26.32 million current united states dollars 36.42 million current united states dollars 5
2010s 87.54 million current united states dollars 41.03 million current united states dollars 150.30 million current united states dollars 10
2020s 73.87 million current united states dollars 20.68 million current united states dollars 178.67 million current united states dollars 4

Countries ranked near Mongolia

  1. 42 Nepal 62.33 million current united states dollars compare
  2. 43 Ethiopia 58.00 million current united states dollars compare
  3. 44 Bulgaria 56.26 million current united states dollars compare
  4. 46 Togo 47.54 million current united states dollars compare
  5. 47 Nicaragua 33.08 million current united states dollars compare
  6. 48 Malaysia 26.02 million current united states dollars compare

See the full ranking of 126 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is direct disaster economic loss in Mongolia?
Direct disaster economic loss in Mongolia was 52.19 million current united states dollars in 2023, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
What is the highest direct disaster economic loss recorded in Mongolia?
The highest recorded value was 178.67 million current united states dollars in 2020.
What is the lowest direct disaster economic loss recorded in Mongolia?
The lowest recorded value was 20.68 million current united states dollars in 2022.
How does Mongolia rank for direct disaster economic loss?
Mongolia ranks 45th out of 126 countries with data for 2023.
Is direct disaster economic loss rising or falling in Mongolia?
Over the last ten years it is down 10.8%. The long-run trend across the full record is volatile.
Where does this Mongolia 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

Indicator
Direct disaster economic loss
Unit
current united states dollars
Source
UN Office for Disaster Risk Reduction – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
126 places, 1,621 data points, 2005–2024
Last refreshed

Direct economic loss attributed to disasters (current United States dollars)