Direct economic loss from disasters as a share of GDP in Philippines

Philippines: Direct economic loss from disasters as a share of GDP was 0.0% in 2024. ◆ Volatile

Latest (2024)
0.0%
World rank
16th
of 130 countries
All-time high
0.1%
in 2021
All-time low
0.0%
in 2017
Years of data
9
2016–2024

Direct economic loss from disasters as a share of GDP in Philippines, 2016–2024

00.050.10.152016202020242016: 0.02 %2017: 0 %2018: 0.01 %2019: 0.03 %2020: 0.01 %2021: 0.14 %2022: 0.02 %2023: 0 %2024: 0.02 %

Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for direct economic loss from disasters as a share of gdp in Philippines is 0.0%, measured in 2024.

The figure is unchanged over ten years.

Over the whole period, direct economic loss from disasters as a share of gdp in Philippines peaked at 0.1% in 2021 and was at its lowest, 0.0%, in 2017.

Philippines ranks 16th of 130 countries on this measure, in the top quarter.

Direct economic loss from disasters as a share of GDP in Philippines, year by year

Annual values for Direct economic loss from disasters as a share of GDP in Philippines, 2016 to 2024.
Year % Change
2016 0.0%
2017 0.0% -100.0%
2018 0.0%
2019 0.0% +200.0%
2020 0.0% -66.7%
2021 0.1% +1300.0%
2022 0.0% -85.7%
2023 0.0% -100.0%
2024 0.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.0% 0.0% 0.0% 4
2020s 0.0% 0.0% 0.1% 5

Countries ranked near Philippines

  1. 14 Marshall Islands 0.0% compare
  2. 14 Saint Vincent and the Grenadines 0.0%
  3. 16 Argentina 0.0% compare
  4. 16 Cameroon 0.0%
  5. 16 East Timor 0.0% compare
  6. 16 Jamaica 0.0% compare
  7. 16 Laos 0.0% compare
  8. 16 Madagascar 0.0%
  9. 16 Mali 0.0%
  10. 16 Tonga 0.0%
  11. 16 Ukraine 0.0% compare

See the full ranking of 130 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is direct economic loss from disasters as a share of gdp in Philippines?
Direct economic loss from disasters as a share of gdp in Philippines was 0.0% in 2024, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
What is the highest direct economic loss from disasters as a share of gdp recorded in Philippines?
The highest recorded value was 0.1% in 2021.
What is the lowest direct economic loss from disasters as a share of gdp recorded in Philippines?
The lowest recorded value was 0.0% in 2017.
How does Philippines rank for direct economic loss from disasters as a share of gdp?
Philippines ranks 16th out of 130 countries with data for 2024.
Is direct economic loss from disasters as a share of gdp rising or falling in Philippines?
Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from UN Office for Disaster Risk Reduction – processed by Our World in Data, published as part of Direct economic loss from disasters as a share of GDP. Statizoid updates them automatically from the source API.

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Direct economic loss from disasters as a share of GDP in Philippines. Statizoid, drawing on UN Office for Disaster Risk Reduction – processed by Our World in Data. Retrieved 28 August 2026, from https://economy.statizoid.com/stat/direct-disaster-loss-as-a-share-of-gdp/philippines/

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About this data

Indicator
Direct economic loss from disasters as a share of GDP
Unit
%
Source
UN Office for Disaster Risk Reduction – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
130 places, 1,738 data points, 2005–2024
Last refreshed

Direct economic loss attributed to disasters relative to GDP (%).