Recorded Natural Disaster Events: 1900-2022

Climate inflation, a long-standing economic phenomenon, is intensifying as a result of escalating natural disasters and the vulnerability of economies. In the United States, the frequency of natural disasters costing less than $1 billion annually surged from three in the 1980s to 13 in the 2010s. This global issue carries a substantial economic burden, with weather-related catastrophes causing a staggering $268 billion in damages in 2020 and $329 billion in 2021, as reported by Aon, a data analysis and consulting firm.

SOURCE: Our World in Data

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