Direct economic loss in the housing sector attributed to disasters in Republic of Korea

Republic of Korea: Direct economic loss in the housing sector attributed to disasters was 715.14 million current US$ in 2023. ◆ Volatile

Latest (2023)
715.14 million current US$
Change on year
up 48.7%
World rank
12th
of 130 countries
All-time high
715.14 million current US$
in 2023
All-time low
224,725 current US$
in 2015
Years of data
19
2005–2023

Direct economic loss in the housing sector attributed to disasters in Republic of Korea, 2005–2023

0200.0M400.0M600.0M800.0M2005201420232005: 58.4M current US$2006: 111.5M current US$2007: 70.7M current US$2008: 20.8M current US$2009: 58.5M current US$2010: 368.3M current US$2011: 350.9M current US$2012: 116.4M current US$2013: 22.9M current US$2014: 47.7M current US$2015: 224.7k current US$2016: 7.7M current US$2017: 57.2M current US$2018: 5.8M current US$2019: 8.8M current US$2020: 31.7M current US$2021: 18.5M current US$2022: 481.0M current US$2023: 715.1M current US$

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

Analysis

In 2023, direct economic loss in the housing sector 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.

Compared with earlier readings it is up 48.7% on the previous year and up 3,020.7% over ten years.

Over the whole period, direct economic loss in the housing sector attributed to disasters in Republic of Korea peaked at 715.14 million current US$ in 2023 and was at its lowest, 224,725 current US$, in 2015.

That places Republic of Korea 12th out of 130 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Direct economic loss in the housing sector attributed to disasters in Republic of Korea, year by year

Annual values for Direct economic loss in the housing sector attributed to disasters (current United States dollars) in Republic of Korea, 2005 to 2023.
Year 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 116.40 million current US$ -66.8%
2013 22.92 million current US$ -80.3%
2014 47.66 million current US$ +108.0%
2015 224,725 current US$ -99.5%
2016 7.71 million current US$ +3331.9%
2017 57.18 million current US$ +641.4%
2018 5.79 million current US$ -89.9%
2019 8.77 million current US$ +51.4%
2020 31.70 million current US$ +261.4%
2021 18.49 million current US$ -41.7%
2022 480.96 million current US$ +2501.4%
2023 715.14 million current US$ +48.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 63.99 million current US$ 20.81 million current US$ 111.53 million current US$ 5
2010s 98.58 million current US$ 224,725 current US$ 368.31 million current US$ 10
2020s 311.57 million current US$ 18.49 million current US$ 715.14 million current US$ 4

Countries ranked near Republic of Korea

  1. 9 Brazil 1.16 billion current US$ compare
  2. 10 Kenya 1.10 billion current US$ compare
  3. 11 Switzerland 875.99 million current US$ compare
  4. 12 Republic of Korea 715.14 million current US$ compare
  5. 14 Honduras 622.69 million current US$ compare
  6. 15 Haiti 593.19 million current US$ compare

See the full ranking of 131 places →

More climate change data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is direct economic loss in the housing sector attributed to disasters in Republic of Korea?
Direct economic loss in the housing sector 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 in the housing sector 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 in the housing sector attributed to disasters recorded in Republic of Korea?
The lowest recorded value was 224,725 current US$ in 2015.
How does Republic of Korea rank for direct economic loss in the housing sector attributed to disasters?
Republic of Korea ranks 12th out of 130 countries with data for 2023.
Is direct economic loss in the housing sector 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 in the housing sector attributed to disasters (current United States dollars). Statizoid updates them automatically from the source API.

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Direct economic loss in the housing sector attributed to disasters in Republic of Korea. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 05 September 2026, from https://climate.statizoid.com/stat/direct-economic-loss-in-the-housing-sector-attributed-to-disasters-current-united-states/korea-rep/

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About this data

Indicator
Direct economic loss in the housing sector attributed to disasters (current United States dollars)
Unit
current US$
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
131 places, 1,667 data points, 2005–2024
Last refreshed