Natural Disasters of 2017 & 2018 Cost $461 Billion to planet Earth

December 28, 2018

Economics can no longer be discussed without climate change:


Nobel prize in economics 2018 won by Nordhaus and Romer for work on climate change and growth



Natural disaster in 2018 occurred at an alarming rate. Historically natural disasters have almost left the life on planet earth to an end. That is why it is important to keep an eye on the impact of natural disaster:


Indonesians struggled through a tough year after battling tsunamis, earthquakes and wild storms. Throughout 2018, Indonesia's National Disaster Mitigation Agency (BNPB) recorded almost 2,000 natural disasters.


  1. Greece: Wildfires                                                          deaths 126

  2. Papua New Guinea: Earthquake                                 deaths 145

  3. North Korea: Floods                                                     deaths 151

  4. Pakistan: Heat Wave                                                     deaths 180

  5. Nigeria: Floods                                                             deaths 200

  6. Japan: Floods                                                                deaths 220

  7. India: Floods                                                                  deaths 361

  8. Guatemala: Volcanic Eruption                                     deaths 425

  9. Indonesia: Earthquake                                                 deaths 468

  10. Indonesia: Earthquake and Tsunami                           deaths 2783

  11. USA: California wildfire, mudslide, Maryland flood, Hurricane Michael,

  12. Philippines: Typhoon Mangkhut

  13. Hawaii: Volcano Eruptions










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