Direct economic loss attributed to disasters in Philippines

Philippines: Direct economic loss attributed to disasters was 7,379 million current US$ in 2024. β—† Volatile

Latest (2024)
7,379 million current US$
Change on year
up 329.4%
World rank
5th
of 123 countries
All-time high
55,866 million current US$
in 2021
All-time low
423.88 million current US$
in 2017
Years of data
9
2016–2024

Direct economic loss attributed to disasters in Philippines, 2016–2024

020.0k40.0k60.0k2016202020242016: 7.4k million current US$2017: 423.9 million current US$2018: 3.6k million current US$2019: 10.9k million current US$2020: 5.2k million current US$2021: 55.9k million current US$2022: 6.3k million current US$2023: 1.7k million current US$2024: 7.4k million current US$

Source: United Nations Statistics Division, SDG Global Database. Measured in million current US$.

Analysis

Philippines recorded 7,379 million current US$ for direct economic loss attributed to disasters in 2024.

That represents a change of up 329.4% on the previous year and down 0.2% over ten years.

Over the whole period, direct economic loss attributed to disasters in Philippines peaked at 55,866 million current US$ in 2021 and was at its lowest, 423.88 million current US$, in 2017.

Philippines ranks 5th of 123 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 5,590 million current US$ 423.88 million current US$ 10,911 million current US$ 4
2020s 15,295 million current US$ 1,718 million current US$ 55,866 million current US$ 5

Countries ranked near Philippines

  1. 2 Bolivia (Plurinational State of) 18,135 million current US$ compare
  2. 3 Argentina 14,052 million current US$ compare
  3. 4 Kenya 13,116 million current US$ compare
  4. 6 France 7,252 million current US$ compare
  5. 7 Brazil 5,776 million current US$ compare
  6. 8 Uganda 4,426 million current US$ compare

See the full ranking of 125 places β†’

More climate change data for Philippines

All data for Philippines β†’

Frequently asked questions

What is direct economic loss attributed to disasters in Philippines?
Direct economic loss attributed to disasters in Philippines was 7,379 million current US$ in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest direct economic loss attributed to disasters recorded in Philippines?
The highest recorded value was 55,866 million current US$ in 2021.
What is the lowest direct economic loss attributed to disasters recorded in Philippines?
The lowest recorded value was 423.88 million current US$ in 2017.
How does Philippines rank for direct economic loss attributed to disasters?
Philippines ranks 5th out of 123 countries with data for 2024.
Is direct economic loss attributed to disasters rising or falling in Philippines?
Over the last ten years it is down 0.2%. The long-run trend across the full record is volatile.
Where does this Philippines 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.

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Direct economic loss attributed to disasters in Philippines. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 17 August 2026, from https://climate.statizoid.com/stat/direct-economic-loss-attributed-to-disasters-current-united-states-dollars/philippines/

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About this data

Indicator
Direct economic loss attributed to disasters (current United States dollars)
Unit
million current US$
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
125 places, 1,687 data points, 2005–2024
Last refreshed