Annual economic damages from all natural disasters as a share of GDP in Canada

Canada: Annual economic damages from all natural disasters as a share of GDP was 0.2% in 1988. ◆ Volatile

Latest (1988)
0.2%
Change on year
up 195.0%
World rank
7th
of 74 countries
All-time high
0.4%
in 1977
All-time low
0.0%
in 1961
Years of data
8
1961–1988

Annual economic damages from all natural disasters as a share of GDP in Canada, 1961–1988

00.10.20.30.41961197419881961: 0 %1977: 0.353 %1978: 0.342 %1979: 0.307 %1980: 0.274 %1984: 0.225 %1985: 0.054 %1988: 0.159 %

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 1988, annual economic damages from all natural disasters as a share of gdp in Canada stood at 0.2%.

That represents a change of up 195.0% on the previous year and down 53.5% over ten years.

Over the whole period, annual economic damages from all natural disasters as a share of gdp in Canada peaked at 0.4% in 1977 and was at its lowest, 0.0%, in 1961.

That places Canada 7th out of 74 countries with data for 1988, putting it in the top 10%.

Annual economic damages from all natural disasters as a share of GDP in Canada, year by year

Annual values for Annual economic damages from all natural disasters as a share of GDP in Canada, 1961 to 1988.
Year % Change
1961 0.0% —
1977 0.4% —
1978 0.3% -3.2%
1979 0.3% -10.1%
1980 0.3% -11.0%
1984 0.2% -17.7%
1985 0.1% -76.0%
1988 0.2% +195.0%

Canada compared with similar countries

  • Canada's 0.2% is above the median for high income countries, which is 0.0%, 14.6× the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0% 0.0% 0.0% 1
1970s 0.3% 0.3% 0.4% 3
1980s 0.2% 0.1% 0.3% 4

Countries ranked near Canada

  1. 4 Chile 0.5% compare
  2. 5 Papua New Guinea 0.3% compare
  3. 6 Brazil 0.2% compare
  4. 8 Australia 0.1% compare
  5. 9 Haiti 0.1% compare
  6. 10 Ethiopia 0.1% compare

See the full ranking of 74 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is annual economic damages from all natural disasters as a share of gdp in Canada?
Annual economic damages from all natural disasters as a share of gdp in Canada was 0.2% in 1988, 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 Canada?
The highest recorded value was 0.4% in 1977.
What is the lowest annual economic damages from all natural disasters as a share of gdp recorded in Canada?
The lowest recorded value was 0.0% in 1961.
How does Canada rank for annual economic damages from all natural disasters as a share of gdp?
Canada ranks 7th out of 74 countries with data for 1988.
Is annual economic damages from all natural disasters as a share of gdp rising or falling in Canada?
Over the last ten years it is down 53.5%. The long-run trend across the full record is volatile.
Where does this Canada 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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Annual economic damages from all natural disasters as a share of GDP in Canada. Statizoid, drawing on 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. Retrieved 29 September 2026, from https://economy.statizoid.com/stat/natural-disasters-economic-damages/canada/

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About this data

Indicator
Annual economic damages from all natural disasters as a share of GDP
Unit
%
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
Licence
CC BY 4.0 (Our World in Data)
Coverage
74 places, 1,048 data points, 1960–2025
Last refreshed

Total economic damages from natural disasters as a share of GDP.