Direct economic loss attributed to disasters in Republic of Korea
Republic of Korea: Direct economic loss attributed to disasters was 715.14 million current US$ in 2023. ◆ Volatile
Direct economic loss attributed to disasters in Republic of Korea, 2005–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in million current US$.
Analysis
In 2023, direct economic loss attributed to disasters in Republic of Korea stood at 715.14 million current US$. That is the highest value across all 19 years on record.
The figure is up 48.7% on the previous year and up 3,020.7% over ten years.
Over the whole period, direct economic loss attributed to disasters in Republic of Korea peaked at 715.14 million current US$ in 2023 and was at its lowest, 10.3 million current US$, in 2015.
Republic of Korea ranks 25th of 134 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Direct economic loss attributed to disasters in Republic of Korea, year by year
| Year | million current US$ | Change |
|---|---|---|
| 2005 | 58.42 million current US$ | — |
| 2006 | 111.53 million current US$ | +90.9% |
| 2007 | 70.75 million current US$ | -36.6% |
| 2008 | 20.81 million current US$ | -70.6% |
| 2009 | 58.47 million current US$ | +181.0% |
| 2010 | 368.31 million current US$ | +529.9% |
| 2011 | 350.85 million current US$ | -4.7% |
| 2012 | 116.4 million current US$ | -66.8% |
| 2013 | 22.92 million current US$ | -80.3% |
| 2014 | 47.66 million current US$ | +108.0% |
| 2015 | 10.3 million current US$ | -78.4% |
| 2016 | 60.1 million current US$ | +483.5% |
| 2017 | 83.44 million current US$ | +38.8% |
| 2018 | 25.13 million current US$ | -69.9% |
| 2019 | 42.94 million current US$ | +70.8% |
| 2020 | 68.25 million current US$ | +59.0% |
| 2021 | 28.12 million current US$ | -58.8% |
| 2022 | 480.99 million current US$ | +1610.4% |
| 2023 | 715.14 million current US$ | +48.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.99 million current US$ | 20.81 million current US$ | 111.53 million current US$ | 5 |
| 2010s | 112.8 million current US$ | 10.3 million current US$ | 368.31 million current US$ | 10 |
| 2020s | 323.13 million current US$ | 28.12 million current US$ | 715.14 million current US$ | 4 |
Countries ranked near Republic of Korea
- 22 State of Palestine 776.62 million current US$ compare
- 23 Russian Federation 721.31 million current US$ compare
- 23 Russian Federation 721.31 million current US$ compare
- 25 Republic of Korea 715.14 million current US$ compare
- 27 Costa Rica 679.56 million current US$ compare
- 28 Cameroon 670.45 million current US$ compare
More climate change data for Republic of Korea
- Share of global CO₂ emissions and population 0.2% (2100)
- Urban population 81.2% (2025)
- Urban population 41.95 million (2025)
- Urban population growth -0.1% (2025)
- Population, total 51.68 million (2025)
- Population growth -0.1% (2025)
- Annual Net Emissions/Removals 668.25 (2024)
- Temperature change with respect to a baseline climatology 2.54 (2024)
- Per capita CO₂ emissions vs. per capita energy use 11.29 tonnes per person (2024)
- Share of global cumulative CO₂ emissions including land-use change 0.8% (2024)
Frequently asked questions
- What is direct economic loss attributed to disasters in Republic of Korea?
- Direct economic loss attributed to disasters in Republic of Korea was 715.14 million current US$ in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest direct economic loss attributed to disasters recorded in Republic of Korea?
- The highest recorded value was 715.14 million current US$ in 2023.
- What is the lowest direct economic loss attributed to disasters recorded in Republic of Korea?
- The lowest recorded value was 10.3 million current US$ in 2015.
- How does Republic of Korea rank for direct economic loss attributed to disasters?
- Republic of Korea ranks 25th out of 134 countries with data for 2023.
- Is direct economic loss attributed to disasters rising or falling in Republic of Korea?
- Over the last ten years it is up 3,020.7%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Direct economic loss attributed to disasters (current United States dollars). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under UN SDG Global Database (open, attribution requested).