<P> Disasters can be particularly notable for the high costs associated with responding to and recovering from them . </P> <P> This page lists the economic costs of relatively recent disasters . </P> <Ul> <Li> 2011 Tōhoku earthquake and tsunami, Japan: estimated more than $300 billion . </Li> <Li> Great Hanshin earthquake, Japan, January 1995: $200 billion . </Li> <Li> 2008 Sichuan earthquake, China, $148 billion </Li> <Li> Hurricane Katrina, United States, August 2005: insurances compensated $45 billion . Total property damage is estimated at around $118 billion . </Li> <Li> Hurricane Sandy, multiple nations, October 2012, $75 billion . </Li> <Li> Hurricane Harvey, United States, August 2017, estimated $70 - $190 billion . </Li> <Li> Deepwater Horizon oil spill, Gulf of Mexico, 2010: Between $60 and $100 billion . </Li> <Li> Hurricane Irma, multiple nations, August to September 2017, estimated upwards of $62 billion . </Li> <Li> 1988--89 North American drought: $60 billion . </Li> <Li> 2011 Thailand floods: $45.7 billion (World Bank estimate of total economic damages and losses). </Li> <Li> 2011 Christchurch earthquake, New Zealand, $40 billion . </Li> <Li> Hurricane Ike, multiple nations, September 2008, $37.5 billion . </Li> <Li> Hurricane Wilma, multiple nations, October 2005, $29.4 billion . </Li> <Li> 2004 Chūetsu earthquake, Japan, October 2004: $28 billion . </Li> <Li> Hurricane Andrew, United States, August 1992: $25 billion . </Li> <Li> Hurricane Ivan, multiple nations, September 2004: $23.3 billion . </Li> <Li> September 11 terrorist attacks, 2001: $20.7 billion . </Li> <Li> 1994 Northridge earthquake, CA, United States, January 1994: $20 billion . </Li> <Li> 1999 İzmit earthquake, Turkey, August 1999: $20 billion . </Li> <Li> Hurricane Irene, multiple nations, August 2011: $16.6 billion . </Li> <Li> Hurricane Charley, multiple nations, August 2004: $16.3 billion . </Li> <Li> 2012 Northern Italy earthquakes, Emilia, Italy, May 2012: $15.8 billion . </Li> <Li> Hurricane Matthew, multiple nations, September - October 2016: $15.09 billion . </Li> <Li> Chernobyl disaster, 1986: $15 billion estimated cost of direct loss . It is estimated that the damages could accumulate to € 235 billion for Ukraine and € 201 billion for Belarus in the thirty years following the accident . </Li> <Li> 2004 Indian Ocean earthquake and tsunami, many nations: $15 billion . </Li> <Li> Hurricane Rita, multiple nations, September 2005: $12 billion . </Li> <Li> Hurricane Hugo, multiple nations, September 1989: $10 billion . </Li> <Li> Typhoon Mireille, Japan, September - October 1991: $10 billion . </Li> <Li> Hurricane Frances, multiple nations, August - September 2004: $9.8 billion . </Li> <Li> Hurricane Georges, multiple nations, September - October 1998: $9.72 billion . </Li> <Li> Tropical Storm Allison, United States, June 2001: $9 billion . </Li> <Li> 2016 Fort McMurray Wildfire, Canada, estimated $8.86 - 9.9 billion . (Direct and indirect costs) </Li> <Li> 2010 Haiti earthquake, Haiti, estimated $7.8 - 8.5 billion . </Li> <Li> Hurricane Jeanne, multiple nations, September 2004: $7.66 billion . </Li> <Li> Hurricane Gilbert, multiple nations, September 1988: $7.1 billion . </Li> <Li> Armero tragedy, Colombia, 1985, $7 billion . </Li> <Li> Hurricane Floyd, multiple nations, September 1999: $6.9 billion . </Li> <Li> Hurricane Gustav, multiple nations, August - September 2008: $6.61 billion . </Li> <Li> Hurricane Mitch, multiple nations, October - November 1998: $6.2 billion . </Li> <Li> Hurricane Isabel, United States, September 2003: $5.37 billion . </Li> <Li> Hurricane Opal, multiple nations, September - October 1995: $5.1 billion . </Li> <Li> Hurricane Manuel, Mexico, September 2013: $4.2 billion . </Li> <Li> 2013 Alberta floods, Canada, 2013, estimated $3 billion - $5 billion . </Li> <Li> 2011 Joplin tornado, Missouri, May 2011: $2.8 billion . </Li> <Li> Cyclone Tracy, Darwin, Australia, December 1974: $2.64 billion . </Li> <Li> Exxon Valdez oil spill, 1989: The clean - up of the oil spill cost an estimated $2.5 billion; recovery for settlements, $1.1 billion; and the economic loss (fisheries, tourism, etc .) suffered due to the damage to the Alaskan ecosystem was estimated at $2.8 billion . </Li> <Li> Cedar Fire, United States, 2003, $2 billion . </Li> <Li> AZF chemical plant explosion, Toulouse, France, 2001: € 1.8 billion . </Li> <Li> 2011 Slave Lake wildfire, Canada, $1.8 billion . </Li> </Ul> <Li> 2011 Tōhoku earthquake and tsunami, Japan: estimated more than $300 billion . </Li>

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