Annual economic damages from all natural disasters as a share of GDP in Australia
Australia: Annual economic damages from all natural disasters as a share of GDP was 0.1% in 2018. ◆ Volatile
Annual economic damages from all natural disasters as a share of GDP in Australia, 1967–2018
Source: EM-DAT, CRED / UCLouvain (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2018, annual economic damages from all natural disasters as a share of gdp in Australia stood at 0.1%.
Over the whole period, annual economic damages from all natural disasters as a share of gdp in Australia peaked at 1.7% in 1981 and was at its lowest, 0.0%, in 1974.
That places Australia 8th out of 74 countries with data for 2018, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual economic damages from all natural disasters as a share of GDP in Australia, year by year
| Year | % | Change |
|---|---|---|
| 1967 | 0.7% | — |
| 1968 | 0.6% | -6.9% |
| 1969 | 0.5% | -10.6% |
| 1974 | 0.0% | -100.0% |
| 1975 | 0.0% | — |
| 1976 | 0.0% | — |
| 1978 | 0.0% | — |
| 1981 | 1.7% | — |
| 1982 | 1.5% | -8.8% |
| 1991 | 0.1% | -90.6% |
| 1992 | 0.0% | -91.3% |
| 1993 | 0.2% | +1128.0% |
| 1994 | 0.2% | -3.3% |
| 1995 | 0.1% | -12.3% |
| 2002 | 0.5% | +282.6% |
| 2006 | 0.0% | -100.0% |
| 2018 | 0.1% | — |
Australia compared with similar countries
- Australia's 0.1% is above the median for high income countries, which is 0.0%, 7.7× the median. (11 countries reporting)
- Australia's 0.1% is above the median for East Asia & Pacific, which is 0.0%, 79.8× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6% | 0.5% | 0.7% | 3 |
| 1970s | 0.0% | 0.0% | 0.0% | 4 |
| 1980s | 1.6% | 1.5% | 1.7% | 2 |
| 1990s | 0.1% | 0.0% | 0.2% | 5 |
| 2000s | 0.3% | 0.0% | 0.5% | 2 |
| 2010s | 0.1% | 0.1% | 0.1% | 1 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -4.55 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0025 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -164.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 36.52 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.02 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0203 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,323 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.24 % change on previous year (2025)
Frequently asked questions
- What is annual economic damages from all natural disasters as a share of gdp in Australia?
- Annual economic damages from all natural disasters as a share of gdp in Australia was 0.1% in 2018, according to EM-DAT, CRED / UCLouvain (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest annual economic damages from all natural disasters as a share of gdp recorded in Australia?
- The highest recorded value was 1.7% in 1981.
- What is the lowest annual economic damages from all natural disasters as a share of gdp recorded in Australia?
- The lowest recorded value was 0.0% in 1974.
- How does Australia rank for annual economic damages from all natural disasters as a share of gdp?
- Australia ranks 8th out of 74 countries with data for 2018.
- Where does this Australia data come from?
- The figures come from EM-DAT, CRED / UCLouvain (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Annual economic damages from all natural disasters as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Total economic damages from natural disasters as a share of GDP.