Description: Estimated economic loss risk associated with floods and tropical cyclones is increasing in all regions (Figure 1). The proportion of the world’s GDP annually exposed to tropical cyclones increased from 3.6 percent in the 1970s to 4.3 percent in the first decade of the 2000s. During that time, the absolute value of global GDP exposed tripled, from US$525.7 billion in the 1970s to US$1.6 trillion in the 2000s. Increases in economic loss risk associated with tropical cyclones were highest in high-income countries where they went up by 262 percent. Thus economic strength has failed to translate into lower economic loss risk, even in OECD countries.
Published in: 2011 Global Assessment Report on Disaster Risk Reduction - Revealing Risk, Redefining Development
Copyright © United Nations 2011. All Rights Reserved.
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