Billion-dollar events to affect the United States from 1980 to 2021* (CPI-AUnadjusted)
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% $267.8BCI 13.5% $9.6B $6.4B 4,048 96
Drought 29 0.7 11.2% $165.7BCI 11.4% $5.9B $3.9B 4,048 96
Flooding 35 0.8 11.7% $159.3BCI 8.0% $4.6B $3.8B 624 15
Flooding 32 0.8 12.4% $107.8BCI 7.4% $3.4B $2.6B 583 14
Freeze 9 0.2 3.0% $31.9BCI 1.6% $3.5B $0.8B 162 4
Freeze 8 0.2 3.1% $15.5BCI 1.1% $1.9B $0.4B 162 4
Severe Storm 136 3.2 45.6% $307.9BCI 15.6% $2.3B $7.3B 1,780 42
Severe Storm 112 2.7 43.2% $229.2BCI 15.7% $2.0B $5.5B 1,506 36
Tropical Cyclone 52 1.2 17.4% $1,034.0BCI 52.2% $19.9B $24.6B 6,593 157
Tropical Cyclone 48 1.1 18.5% $800.5BCI 55.0% $16.7B $19.1B 6,561 156
Wildfire 18 0.4 6.0% $106.1BCI 5.4% $5.9B $2.5B 393 9
Wildfire 17 0.4 6.6% $89.3BCI 6.1% $5.3B $2.1B 393 9
Winter Storm 19 0.5 6.4% $72.8BCI 3.7% $3.8B $1.7B 1,223 29
Winter Storm 13 0.3 5.0% $47.6BCI 3.3% $3.7B $1.1B 881 21
All Disasters 298 7.1 100.0 $1,979.8BCI 100.0% $6.7B $47.1B 14,823 353
All Disasters 259 6.2 100.0 $1,455.6BCI 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).