Direct economic loss attributed to disasters in South Korea
South Korea: Direct economic loss attributed to disasters was 480.99 million in 2022. ◆ Volatile
Direct economic loss attributed to disasters in South Korea, 2005–2022
Source: Our World in Data.
Analysis
South Korea recorded 480.99 million for direct economic loss attributed to disasters in 2022. That is the highest value across all 18 years on record.
That represents a change of up 1,610.4% on the previous year and up 313.2% over ten years.
Over the whole period, direct economic loss attributed to disasters in South Korea peaked at 480.99 million in 2022 and was at its lowest, 10.30 million, in 2015.
That places South Korea 22nd out of 126 countries with data for 2022, putting it 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 | 20.81 million | 111.53 million | 5 |
| 2010s | 112.80 million | 10.30 million | 368.31 million | 10 |
| 2020s | 192.45 million | 28.12 million | 480.99 million | 3 |
Countries ranked near South Korea
More economy & growth data for South Korea
- External balance on goods and services as a percent of gdp 5.16 (2025)
- Inflation of consumer prices 2.12 (2025)
- Gdp per capita worldbank constant usd 37,470 (2025)
- Manufacturing value added to gdp 27.43 (2025)
- Gdp worldbank constant usd 1.94 trillion (2025)
- Gdp per capita in international and market dollars 37,470 (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 economic loss attributed to disasters in South Korea?
- Direct economic loss attributed to disasters in South Korea was 480.99 million in 2022, according to Our World in Data.
- What is the highest direct economic loss attributed to disasters recorded in South Korea?
- The highest recorded value was 480.99 million in 2022.
- What is the lowest direct economic loss attributed to disasters recorded in South Korea?
- The lowest recorded value was 10.30 million in 2015.
- How does South Korea rank for direct economic loss attributed to disasters?
- South Korea ranks 22nd out of 126 countries with data for 2022.
- Is direct economic loss attributed to disasters rising or falling in South Korea?
- Over the last ten years it is up 313.2%. The long-run trend across the full record is volatile.
- Where does this South Korea 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 — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).