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Which earthquake triggered the most expensive natural disaster in one country’s history?

EarthquakesEconomics

Quick Answer

The 2011 Tōhoku earthquake and tsunami is widely described as Japan’s costliest natural disaster, with damages estimated at hundreds of billions of dollars.

The Full Story

The 2011 Tōhoku disaster caused immense economic losses in Japan because it combined a massive earthquake, tsunami, and nuclear emergency. Damage estimates are commonly put in the range of hundreds of billions of US dollars, making it one of the costliest natural disasters ever recorded. Ports, factories, roads, and homes were destroyed across northeastern Japan. The event also had global supply-chain impacts because Japan is a major industrial economy. It remains a powerful example of how natural disasters can have worldwide economic consequences.

Key Facts

1.Date: 11 March 2011
2.Cost: hundreds of billions of US dollars
3.Type: earthquake and tsunami

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