Direct economic loss attributed to disasters in Australia
Australia: Direct economic loss attributed to disasters was 392.89 million in 2023. ◆ Volatile
Direct economic loss attributed to disasters in Australia, 2009–2023
Source: Our World in Data.
Analysis
In 2023, direct economic loss attributed to disasters in Australia stood at 392.89 million.
That represents a change of down 79.8% on the previous year and up 555.3% over ten years.
Over the whole period, direct economic loss attributed to disasters in Australia peaked at 1.95 billion in 2022 and was at its lowest, 0, in 2009.
Australia ranks 23rd 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 | 0 | 0 | 0 | 1 |
| 2010s | 102.01 million | 2.56 million | 334.43 million | 10 |
| 2020s | 664.64 million | 149.88 million | 1.95 billion | 4 |
Countries ranked near Australia
More economy & growth data for Australia
- External balance on goods and services as a percent of gdp 0.5874 (2025)
- Inflation of consumer prices 2.87 (2025)
- Gdp per capita worldbank constant usd 61,369 (2025)
- Manufacturing value added to gdp 5.32 (2025)
- Gdp worldbank constant usd 1.69 trillion (2025)
- Gdp per capita in international and market dollars 61,369 (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
Frequently asked questions
- What is direct economic loss attributed to disasters in Australia?
- Direct economic loss attributed to disasters in Australia was 392.89 million in 2023, according to Our World in Data.
- What is the highest direct economic loss attributed to disasters recorded in Australia?
- The highest recorded value was 1.95 billion in 2022.
- What is the lowest direct economic loss attributed to disasters recorded in Australia?
- The lowest recorded value was 0 in 2009.
- How does Australia rank for direct economic loss attributed to disasters?
- Australia ranks 23rd out of 126 countries with data for 2023.
- Is direct economic loss attributed to disasters rising or falling in Australia?
- Over the last ten years it is up 555.3%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Our World in Data, published as part of Direct economic loss attributed to disasters. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).