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

Spain: Annual economic damages from all natural disasters as a share of GDP was 0.0% in 2024. ◆ Volatile

Latest (2024)
0.0%
Change on year
down 79.6%
World rank
13th
of 74 countries
All-time high
0.9%
in 1981
All-time low
0.0%
in 2024
Years of data
13
1980–2024

Annual economic damages from all natural disasters as a share of GDP in Spain, 1980–2024

00.20.40.60.811980200220241980: 0.162 %1981: 0.905 %1982: 0.191 %1983: 0.219 %1990: 0.053 %1991: 0.146 %1992: 0.134 %1993: 0.161 %1994: 0.159 %1995: 0.138 %1999: 0.504 %2023: 0.127 %2024: 0.026 %

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

The most recent figure for annual economic damages from all natural disasters as a share of gdp in Spain is 0.0%, measured in 2024. That is the lowest value across all 13 years on record.

That represents a change of down 79.6% on the previous year.

Over the whole period, annual economic damages from all natural disasters as a share of gdp in Spain peaked at 0.9% in 1981 and was at its lowest, 0.0%, in 2024.

Spain ranks 13th of 74 countries on this measure, in the top quarter.

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 Spain, year by year

Annual values for Annual economic damages from all natural disasters as a share of GDP in Spain, 1980 to 2024.
Year % Change
1980 0.2% —
1981 0.9% +460.4%
1982 0.2% -78.9%
1983 0.2% +14.7%
1990 0.1% -76.0%
1991 0.1% +178.1%
1992 0.1% -8.5%
1993 0.2% +20.2%
1994 0.2% -1.0%
1995 0.1% -13.4%
1999 0.5% +266.4%
2023 0.1% -74.8%
2024 0.0% -79.6%

Spain compared with similar countries

  • Spain's 0.0% is above the median for high income countries, which is 0.0%, 2.4× the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.4% 0.2% 0.9% 4
1990s 0.2% 0.1% 0.5% 7
2020s 0.1% 0.0% 0.1% 2

Countries ranked near Spain

  1. 10 Ethiopia 0.1% compare
  2. 11 El Salvador 0.0% compare
  3. 12 Panama 0.0% compare
  4. 14 India 0.0% compare
  5. 15 Benin 0.0% compare
  6. 16 Guatemala 0.0% compare

See the full ranking of 74 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is annual economic damages from all natural disasters as a share of gdp in Spain?
Annual economic damages from all natural disasters as a share of gdp in Spain was 0.0% in 2024, 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 Spain?
The highest recorded value was 0.9% in 1981.
What is the lowest annual economic damages from all natural disasters as a share of gdp recorded in Spain?
The lowest recorded value was 0.0% in 2024.
How does Spain rank for annual economic damages from all natural disasters as a share of gdp?
Spain ranks 13th out of 74 countries with data for 2024.
Where does this Spain 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 Spain. 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/spain/

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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.