GITNUX MARKETDATA REPORT 2024

Must-Know Earthquake Damage Statistics [Current Data]

Statistic 1

"Approximately 75% of the world’s deadliest earthquakes have occurred in the area known as the Pacific Ring of Fire."

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Statistic 2

"From 1995-2015, 682,000 people died due to earthquakes and related hazards."

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Statistic 3

"Earthquakes with a magnitude of 8 or higher occur about once per year."

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Statistic 4

"Earthquake damage cost the global economy an average of US$45 billion per year from 2000-2019."

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Statistic 5

"The 1994 Northridge earthquake in California caused over $20 billion in direct damage."

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Statistic 6

"The 1988 Spitak earthquake in Armenia killed over 25,000 people, injured 15,000, and left 500,000 homeless."

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Statistic 7

"In the United States, about 5,000 earthquakes are detected each year."

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Statistic 8

"The 2010 Haiti earthquake had an estimated magnitude of 7.0, resulting in over 300,000 fatalities and causing $7.8-$8.5 billion in damage."

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Statistic 9

"The 2008 Sichuan earthquake in China caused the deaths of approximately 87,000 people and significant building damages."

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Statistic 10

"The 1960 Great Chilean Earthquake, with a magnitude of 9.5, remains the largest earthquake ever recorded."

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Statistic 11

"The largest annual number of earthquake-related damages – 23,413 – occurred in Japan in 2019."

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Statistic 12

"Anchorage, Alaska’s 1964 earthquake had a magnitude of 9.2, causing 139 deaths and approximately $311 million in property loss."

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Statistic 13

"The 1999 Marmara earthquake in Turkey caused approximately 17,000 deaths and $15-20 billion in damages."

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Statistic 14

"The 2015 Nepal earthquake caused an estimated 9,000 deaths, injured over 22,000 people, and resulted in damages exceeding $10 billion."

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Statistic 15

"The 1989 Loma Prieta earthquake in California had a magnitude of 6.9 and caused 63 deaths, over 3,000 injuries, and more than $6 billion in damages."

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