Description: Direct disaster economic loss in relation to global GDP, damage to critical infrastructure and number of disruption of basic services, attributed to disasters
Sub descriptionUnit2010201620212022
Hurricane Richard (Public Utilities)BZD ($)250000---
Hurricane Richard (Infrastructure)BZD ($)14175000---
Hurricane Earl (Public Utilities)BZD ($)-11783363--
Hurricane Earl (Infrastructure)BZD ($)-19763895--
Hurricane Eta & Iota (Public Utilities)BZD ($)--3500000-
Hurricane Eta & Iota (Infrastructure)BZD ($)--40000000-
Hurricane Lisa (Public Utilities)BZD ($)---6528000
Hurricane Lisa (Infrastructure)BZD ($)---24644256
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DATA IDENTIFICATION


Name
Direct economic loss in relation to global GDP, damage to critical infrastructure and number of disruptions to basic services, attributed to disasters
Indicator purpose

The purpose of this indicator is track direct economic loss in relation to disasters due to catastrophic events and to report the disaster loss data by event.

Abstract

Direct economic loss: the monetary value of total or partial destruction of physical assets existing in the affected area. Direct economic loss is nearly equivalent to physical damage.

[a] An open-ended intergovernmental expert working group on indicators and terminology relating to disaster risk reduction established by the General Assembly (resolution 69/284) is developing a set of indicators to measure global progress in the implementation of the Sendai Framework. These indicators will eventually reflect the agreements on the Sendai Framework indicators.

Data source

National Emergency Management Organization (NEMO)

DATA CHARACTERISTICS



Contact organization person

National Emergency Management Organization (NEMO)

Date last updated
11-SEP-2019
Periodicity

Annual

Unit of measure
-
Other characteristics

The Sendai Framework for Disaster Risk Reduction 2015-2030 was adopted by UN Member States in March 2015 as a global policy of disaster risk reduction. Among the global targets, it will contribute to sustainable development and strengthen economic, social, health and environmental resilience. The economic, environmental and social perspectives would include poverty eradication, urban resilience, and climate change adaptation.

DATA CONCEPTS and CLASSIFICATIONS



Classification used

N/A

Disaggregation

Disaggregation is

by country. 

by event.

by hazard type (e.g. disaggregation by climatological, hydrological, meteorological, geophysical, biological and extra-terrestrial for natural hazards is possible following IRDR classification).

by asset loss category (health/education/road etc.)

by transportation mode and by service sector.

Key statistical concepts

Computation methodology for several indicators is very comprehensive, very long (about 180 pages) and probably out of the scope of this Metadata. UNISDR prefers to refer to the outcome of the Open Ended Intergovernmental Working Group, which provides a full detailed methodology for each indicator and sub-indicator.

The latest version of these methodologies can be obtained at:

http://www.preventionweb.net/documents/oiewg/Technical%20Collection%20of%20Concept%20Notes%20on%20Indicators.pdf

Formula
-
OTHER ASPECTS



Recommended uses

This indicator is used to measure damage to critical infrastructure and number of disruptions to basic services, attributed to disasters.

Limitations

N/A

Other comments

All the metadata shown was gathered from United Nation Statistics Division. The metadata was extracted from https://unstats.un.org/sdgs/metadata/.