Civil Engineering Reference
In-Depth Information
Table 31.2 Economic loss estimates produced by the PAGER system for recent
worldwide earthquakes
Estimated direct
shaking-related
losses (median
estimate 1 in
USD)
Loss
fraction
(reported/
estimated)
Reported losses
(in USD)
Earthquake
M7.0 January 12, 2010
Haiti earthquake
7.8 billion 2
(4.3 billion direct)
3.0 billion
1.43
M8.8 September 24, 2010
Chile earthquake
30 billion 3
15 billion
2.0
M7.0 September 3, 2010
Canterbury, New Zealand
earthquake
2.2 to 2.9 billion 4
2 billion
1.10 to 1.45
M6.1 February 22, 2011
Christchurch, New
Zealand earthquake
16.5 to 25 billion 5
37 billion
0.45 to 0.68
M9.0 March 11, 2011
Tohoku, Japan earthquake
At least 77
billion 6 (direct
losses due to
shaking only)
31 billion
2.48
M6.0 June 13, 2011
Christchurch,
New Zealand earthquake
4.83 billion 7 (6.0
billion NZ
dollars)
4.0 billion
1.21
M7.1 October 23, 2011
Eastern Turkey earthquake
500 million to 1.0
billion 8
2.0 billion
0.25 to 0.50
M5.8 August 23, 2011
Virginia, USA earthquake
200 to 300
million 9
236 million
0.85 to 1.27
M6.0 May 20, 2012
Bologna, Northern Italy
at least 626
million
~2 billion
0.31
1 Median value of shaking-related direct economic losses from most recent
version of ShakeMap system.
2 http://www.haitispecialenvoy.org/relief-and-recovery/key-statistics/.
3 http://www.aon.com/attachments/reinsurance/201012_if_annual_global_
climate_cat_report.pdf.
4 http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=
10709579.
5 http://www.stuff.co.nz/business/rebuilding-christchurch/4984173/Quake-rebuild-will-
eat-into-GDP.
6 http://www.itas.fzk.de/tatup/113/khua11a.htm.
7 http://tvnz.co.nz/national-news/christchurch-quake-bill-could-rise-6-billion-
4227216.
8 http://www.erra.pk/TurkeyEQ2011/FactFile.asp.
9 http://www.washingtonpost.com/local/region-tallies-earthquake-damage-
mostly-uninsured/2011/08/24/gIQAFdxScJ_story.html.
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