| Disaster Type |
Events | Events/Year | Percent Frequency |
Total Costs | Percent of Total Costs |
Cost/Event | Cost/Year | Deaths | Deaths/Year |
|---|---|---|---|---|---|---|---|---|---|
| Drought | 29 | 0.7 | 9.7% | $267.8B‡CI
Drought Confidence Intervals 75%: $234.4B – $305.0B 90%: $223.6B – $318.2B 95%: $217.3B – $326.7B |
13.5%‡ | $9.6B‡ | $6.4B‡ | 4,048† | 96† |
| Drought | 29 | 0.7 | 11.2% | $165.7B‡CI
Drought Confidence Intervals 75%: $150.2B – $187.7B 90%: $144.3B – $195.5B 95%: $140.4B – $200.4B |
11.4%‡ | $5.9B‡ | $3.9B‡ | 4,048† | 96† |
| Flooding | 35 | 0.8 | 11.7% | $159.3BCI
Flooding Confidence Intervals 75%: $125.2B – $176.3B 90%: $118.0B – $186.0B 95%: $111.8B – $195.4B |
8.0% | $4.6B | $3.8B | 624 | 15 |
| Flooding | 32 | 0.8 | 12.4% | $107.8BCI
Flooding Confidence Intervals 75%: $85.7B – $119.9B 90%: $80.6B – $125.9B 95%: $76.7B – $132.8B |
7.4% | $3.4B | $2.6B | 583 | 14 |
| Freeze | 9 | 0.2 | 3.0% | $31.9BCI
Freeze Confidence Intervals 75%: $25.6B – $37.2B 90%: $24.3B – $38.8B 95%: $23.2B – $40.0B |
1.6% | $3.5B | $0.8B | 162 | 4 |
| Freeze | 8 | 0.2 | 3.1% | $15.5BCI
Freeze Confidence Intervals 75%: $12.5B – $18.4B 90%: $12.1B – $19.1B 95%: $11.5B – $19.4B |
1.1% | $1.9B | $0.4B | 162 | 4 |
| Severe Storm | 136 | 3.2 | 45.6% | $307.9BCI
Severe Storm Confidence Intervals 75%: $281.0B – $329.3B 90%: $269.7B – $342.1B 95%: $261.2B – $355.1B |
15.6% | $2.3B | $7.3B | 1,780 | 42 |
| Severe Storm | 112 | 2.7 | 43.2% | $229.2BCI
Severe Storm Confidence Intervals 75%: $209.7B – $245.5B 90%: $203.1B – $254.4B 95%: $196.6B – $263.6B |
15.7% | $2.0B | $5.5B | 1,506 | 36 |
| Tropical Cyclone | 52 | 1.2 | 17.4% | $1,034.0BCI
Tropical Cyclone Confidence Intervals 75%: $868.6B – $1,151.8B 90%: $814.0B – $1,229.1B 95%: $779.1B – $1,271.1B |
52.2% | $19.9B | $24.6B | 6,593 | 157 |
| Tropical Cyclone | 48 | 1.1 | 18.5% | $800.5BCI
Tropical Cyclone Confidence Intervals 75%: $670.6B – $896.0B 90%: $625.3B – $957.7B 95%: $597.1B – $991.3B |
55.0% | $16.7B | $19.1B | 6,561 | 156 |
| Wildfire | 18 | 0.4 | 6.0% | $106.1BCI
Wildfire Confidence Intervals 75%: $87.9B – $120.4B 90%: $84.5B – $124.6B 95%: $80.8B – $130.5B |
5.4% | $5.9B | $2.5B | 393 | 9 |
| Wildfire | 17 | 0.4 | 6.6% | $89.3BCI
Wildfire Confidence Intervals 75%: $74.2B – $101.9B 90%: $71.3B – $105.0B 95%: $67.9B – $110.3B |
6.1% | $5.3B | $2.1B | 393 | 9 |
| Winter Storm | 19 | 0.5 | 6.4% | $72.8BCI
Winter Storm Confidence Intervals 75%: $64.1B – $81.2B 90%: $60.9B – $84.5B 95%: $57.1B – $89.6B |
3.7% | $3.8B | $1.7B | 1,223 | 29 |
| Winter Storm | 13 | 0.3 | 5.0% | $47.6BCI
Winter Storm Confidence Intervals 75%: $41.5B – $53.2B 90%: $39.3B – $55.6B 95%: $37.4B – $58.9B |
3.3% | $3.7B | $1.1B | 881 | 21 |
| All Disasters | 298 | 7.1 | 100.0 | $1,979.8B‡CI
All Disasters Confidence Intervals 75%: $1,686.8B – $2,201.2B 90%: $1,595.0B – $2,323.3B 95%: $1,530.5B – $2,408.4B |
100.0%‡ | $6.7B‡ | $47.1B‡ | 14,823 | 353 |
| All Disasters | 259 | 6.2 | 100.0 | $1,455.6B‡CI
All Disasters Confidence Intervals 75%: $1,244.4B – $1,622.6B 90%: $1,176.0B – $1,713.2B 95%: $1,127.6B – $1,776.7B |
100.0%‡ | $5.6B‡ | $34.7B‡ | 14,134 | 337 |
†Deaths associated with drought are the result of heat waves. (Not all droughts are accompanied by extreme heat waves.)
Flooding events (river basin or urban flooding from excessive rainfall) are separate from inland flood damage caused by tropical cyclone events.
The confidence interval (CI) probabilities (75%, 90% and 95%) represent the uncertainty associated with the disaster cost estimates. Monte Carlo simulations were used to produce upper and lower bounds at these confidence levels (Smith and Matthews, 2015).