Economy

Billion Dollar Disaster Cost to Year-to-Date (assuming nothing else happens in January)


From NOAA to 2024, and guesstimate for January 2025:

Notes: Month-by-month accumulation of estimated costs of each year’s billion-dollar disasters, with colored lines showing 2024 (red) and the other top-10 costliest years; figures are in 2024$. Other years are light gray. 2024 finished the year in fourth place for annual costs. Screenshot from the NOAA NCEI Billion-dollar Disasters. Purple diamond is estimate for LA fires, by author. Source: NOAA accessed 1/12/2025. January 2025 ytd based on estimates $135 to $150 bn current dollars (AP 1/11/2025).

Addendum: Count data (same source):



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