Direct economic loss in the housing sector attributed to disasters in Philippines

Philippines: Direct economic loss in the housing sector attributed to disasters was 6.04 billion in 2024. ◆ Volatile

Latest (2024)
6.04 billion
Change on year
up 364.0%
World rank
3rd
of 107 countries
All-time high
10.91 billion
in 2019
All-time low
423.88 million
in 2017
Years of data
9
2016–2024

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

02.5B5.0B7.5B10.0B2016202020242016: 7.4B2017: 423.9M2018: 3.6B2019: 10.9B2020: 5.2B2021: 2.3B2022: 2.3B2023: 1.3B2024: 6.0B

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for direct economic loss in the housing sector attributed to disasters in Philippines is 6.04 billion, measured in 2024.

Compared with earlier readings it is up 364.0% on the previous year and down 18.3% over ten years.

Over the whole period, direct economic loss in the housing sector attributed to disasters in Philippines peaked at 10.91 billion in 2019 and was at its lowest, 423.88 million, in 2017.

Philippines ranks 3rd of 107 countries on this measure, in the top 10%.

Direct economic loss in the housing sector attributed to disasters in Philippines, year by year

Annual values for Direct economic loss in the housing sector attributed to disasters (current United States dollars) in Philippines, 2016 to 2024.
Year Value Change
2016 7.39 billion
2017 423.88 million -94.3%
2018 3.64 billion +757.6%
2019 10.91 billion +200.2%
2020 5.22 billion -52.1%
2021 2.30 billion -55.9%
2022 2.30 billion -0.2%
2023 1.30 billion -43.4%
2024 6.04 billion +364.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.59 billion 423.88 million 10.91 billion 4
2020s 3.43 billion 1.30 billion 6.04 billion 5

Countries ranked near Philippines

  1. 1 Indonesia 11.39 billion compare
  2. 1 Türkiye 185.11 million compare
  3. 2 France 6.65 billion compare
  4. 3 Cabo Verde 25,950
  5. 4 Mozambique 2.57 billion compare
  6. 4 Timor-Leste 34.10 million compare
  7. 5 Mexico 2.40 billion compare
  8. 6 Sudan 1.27 billion

See the full ranking of 121 places →

More climate change data for Philippines

All data for Philippines →

Frequently asked questions

What is direct economic loss in the housing sector attributed to disasters in Philippines?
Direct economic loss in the housing sector attributed to disasters in Philippines was 6.04 billion in 2024, 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 Philippines?
The highest recorded value was 10.91 billion in 2019.
What is the lowest direct economic loss in the housing sector attributed to disasters recorded in Philippines?
The lowest recorded value was 423.88 million in 2017.
How does Philippines rank for direct economic loss in the housing sector attributed to disasters?
Philippines ranks 3rd out of 107 countries with data for 2024.
Is direct economic loss in the housing sector attributed to disasters rising or falling in Philippines?
Over the last ten years it is down 18.3%. 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 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 Philippines. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 31 August 2026, from https://climate.statizoid.com/stat/direct-economic-loss-in-the-housing-sector-attributed-to-disasters-current-united-states/philippines/

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About this data

Indicator
Direct economic loss in the housing sector attributed to disasters (current United States dollars)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
121 places, 1,549 data points, 2005–2024
Last refreshed