Natural disasters economic damages in Spain

Spain: Natural disasters economic damages was 0.026 in 2024. ◆ Volatile

Latest (2024)
0.026
Change on year
down 79.6%
World rank
13th
of 74 countries
All-time high
0.9053
in 1981
All-time low
0.026
in 2024
Years of data
13
1980–2024

Natural disasters economic damages in Spain, 1980–2024

00.20.40.60.811980200220241980: 0.1621981: 0.9051982: 0.1911983: 0.2191990: 0.0531991: 0.1461992: 0.1341993: 0.1611994: 0.1591995: 0.1381999: 0.5042023: 0.1272024: 0.026

Source: Our World in Data.

Analysis

The most recent figure for natural disasters economic damages in Spain is 0.026, 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, natural disasters economic damages in Spain peaked at 0.9053 in 1981 and was at its lowest, 0.026, 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.

Natural disasters economic damages in Spain, year by year

Annual values for Natural disasters economic damages in Spain, 1980 to 2024.
Year Value Change
1980 0.1616 —
1981 0.9053 +460.4%
1982 0.1913 -78.9%
1983 0.2194 +14.7%
1990 0.0526 -76.0%
1991 0.1462 +178.1%
1992 0.1337 -8.5%
1993 0.1607 +20.2%
1994 0.159 -1.0%
1995 0.1377 -13.4%
1999 0.5044 +266.4%
2023 0.1273 -74.8%
2024 0.026 -79.6%

Spain compared with similar countries

  • Spain's 0.026 is above the median for high income countries, which is 0.0109, 2.4× the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.3694 0.1616 0.9053 4
1990s 0.1849 0.0526 0.5044 7
2020s 0.0766 0.026 0.1273 2

Countries ranked near Spain

  1. 10 Ethiopia 0.0655 compare
  2. 11 El Salvador 0.0407 compare
  3. 12 Panama 0.0305 compare
  4. 14 India 0.0232 compare
  5. 15 Benin 0.0208 compare
  6. 16 Guatemala 0.0171 compare

See the full ranking of 74 places →

More economy & growth data for Spain

All data for Spain →

Frequently asked questions

What is natural disasters economic damages in Spain?
Natural disasters economic damages in Spain was 0.026 in 2024, according to Our World in Data.
What is the highest natural disasters economic damages recorded in Spain?
The highest recorded value was 0.9053 in 1981.
What is the lowest natural disasters economic damages recorded in Spain?
The lowest recorded value was 0.026 in 2024.
How does Spain rank for natural disasters economic damages?
Spain ranks 13th out of 74 countries with data for 2024.
Where does this Spain data come from?
The figures come from Our World in Data, published as part of Natural disasters economic damages. Statizoid updates them automatically from the source API.

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Natural disasters economic damages in Spain. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/natural-disasters-economic-damages/spain/

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About this data

Indicator
Natural disasters economic damages
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
74 places, 1,050 data points, 1960–2025
Last refreshed