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 in 2023. ◆ Volatile

Latest (2023)
715.14 million
Change on year
up 48.7%
World rank
12th
of 130 countries
All-time high
715.14 million
in 2023
All-time low
224,725
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: 58.4M2006: 111.5M2007: 70.7M2008: 20.8M2009: 58.5M2010: 368.3M2011: 350.9M2012: 116.4M2013: 22.9M2014: 47.7M2015: 224.7k2016: 7.7M2017: 57.2M2018: 5.8M2019: 8.8M2020: 31.7M2021: 18.5M2022: 481.0M2023: 715.1M

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Republic of Korea recorded 715.14 million for direct economic loss in the housing sector attributed to disasters in 2023. 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 in the housing sector attributed to disasters in Republic of Korea peaked at 715.14 million in 2023 and was at its lowest, 224,725, in 2015.

Republic of Korea ranks 12th of 130 countries on this measure, 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 Value Change
2005 58.42 million
2006 111.53 million +90.9%
2007 70.75 million -36.6%
2008 20.81 million -70.6%
2009 58.47 million +181.0%
2010 368.31 million +529.9%
2011 350.85 million -4.7%
2012 116.40 million -66.8%
2013 22.92 million -80.3%
2014 47.66 million +108.0%
2015 224,725 -99.5%
2016 7.71 million +3331.9%
2017 57.18 million +641.4%
2018 5.79 million -89.9%
2019 8.77 million +51.4%
2020 31.70 million +261.4%
2021 18.49 million -41.7%
2022 480.96 million +2501.4%
2023 715.14 million +48.7%

Biggest year-on-year movements

Years where Direct economic loss in the housing sector attributed to disasters in Republic of Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2016 +3331.9% 224,725 7.71 million
2022 +2501.4% 18.49 million 480.96 million

Averages by decade

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

Countries ranked near Republic of Korea

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

Download this data

CSV · JSON — 19 observations, free to reuse under UN SDG Global Database (open, attribution requested).

Share, cite or embed this page

Cite this page

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 14 September 2026, from https://climate.statizoid.com/stat/direct-economic-loss-in-the-housing-sector-attributed-to-disasters-current-united-states/republic-of-korea/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under UN SDG Global Database (open, attribution requested); please keep the attribution.

<a href="https://climate.statizoid.com/stat/direct-economic-loss-in-the-housing-sector-attributed-to-disasters-current-united-states/republic-of-korea/">Direct economic loss in the housing sector attributed to disasters in Republic of Korea</a> — Statizoid

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
131 places, 1,667 data points, 2005–2024
Last refreshed