How much did it cost for the damage from the 2004 tsunami?
The 2004 tsunami caused between $8 billion and $15 billion in damages across India, Indonesia, Sri Lanka and Thailand, according to various estimates. The United Nations concluded that economic development in fast-growing countries was increasingly being strained by the price of such natural disasters.
What damage did the 2004 Indonesian tsunami cause?
It suffered mostly economic damages over one million dollars involving fishing industries with more than 200 boats sunk. No deaths were reported. Ten people were reported killed, and flooding destroyed a major bridge between the capital Port Victoria and main airport.
How much damage did the 2004 Sumatra earthquake cause?
In Aceh, the northern province of Sumatra, the United Nations (UN) Field Office reported approximately 131,000 people confirmed dead and 37,000 missing. With more than 80,000 houses sustaining major damage or collapse, the UN estimated that more than 500,000 people were displaced from their homes in Sumatra alone.
How much money did it cost to rebuild Indonesia after the 2004 tsunami?
The disaster generated a massive aid and reconstruction program, with around 463 non-government organisations and agencies spending around $7.5 billion. This made post-tsunami Aceh one of the largest reconstruction projects in the developing world. Australian donors and the government gave more than $1 billion.
How much money does a tsunami cost?
In the decade since the strongest earthquake in Japan’s history triggered a 32-foot tsunami that slammed into the eastern coastline, the cleanup effort has become one of the world’s most expensive, costing some $300 billion so far. Thousands died as the wave hit and more than a half million people were displaced.
How much did the 2004 earthquake cost?
For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of around 230,000 people, cost a ‘mere’ $15 billion, whereas in the Deepwater Horizon oil spill, in which 11 people died, the damages were six-fold.
What was the most expensive tsunami?
2011 Great East Japan earthquake and tsunami
The costs resulting from the earthquake and tsunami in Japan alone were estimated at $220 billion USD. The damage makes the 2011 Great East Japan earthquake and tsunami the most expensive natural disaster in history. Although the majority of the tsunami’s impact was in Japan, the event was truly global.
How much does a Sumatra rebuild cost?
Indonesia: West Sumatra reconstruction to cost Rp7 trillion The government has estimated that rehabilitation and reconstruction in the quake devastated province of West Sumatra will cost Rp 7 trillion (US$745 million).
How many people died in the 2004 tsunami in Indonesia?
On 26 December 2004, a magnitude 9.1 earthquake (3.316 N, 95.854 E, depth 30 km) occurred off the coast of northern Sumatra, Indonesia. The tsunami generated by the earthquake was recorded nearly world-wide and killed more people than any other tsunami in recorded history, almost 230,000 missing and presumed dead.
What was the impact of the 2004 Indian Ocean tsunami?
The human and financial cost of the Indian Ocean tsunami – interactive. On 26 December 2004, an undersea earthquake off the coast of Indonesia sent a wall of water surging across the Indian Ocean. When the water hit land, thousands of people were killed and vast damage was caused to buildings, roads and farmland.
What was the size of the 2004 Sumatra earthquake?
Sumatra, Indonesia Earthquake and Tsunami, 26 December 2004 On 26 December 2004, a magnitude 9.1 earthquake (3.316 N, 95.854 E, depth 30 km) occurred off the coast of northern Sumatra, Indonesia.
How big was the tsunami that hit Australia in 2004?
The magnitude 9.1 quake ruptured a 900-mile stretch of fault line where the Indian and Australian tectonic plates meet. It was a powerful megathrust quake, occurring where a heavy ocean plate slips under a lighter continental plate. The quake caused the ocean floor to suddenly rise by as much as 40 meters, triggering a massive tsunami.