How did the Tohoku tsunami affect the economy?
The disaster also caused measurable economic impacts well beyond the damage regions, including losses in gross domestic product (GDP), in manufacturing from supply-chain disruptions, and in retail trade and tourism due to restrained consumption and radiation fears.
How did the 2004 tsunami affect Indonesia’s economy?
In terms of the death toll and the number of displaced people, this was the worst natural disaster in recorded history in Indonesia, Sri Lanka and Thailand. The total economic cost of damage was estimated at US$ 9.4 billion. In Aceh the cost of damage (US$4.5billion), was almost equal to its GDP in the previous year.
What was the economic impact of Fukushima?
The disaster disrupted supply chains and trade, with industrial production dropping sharply in the following months. Many of Japan’s nuclear power reactors were shut down for safety checks following the nuclear emergency at the Fukushima Dai-ichi plant, causing electricity shortages in some areas of East Japan.
What was the resulting damage as a percent of GNP 2011 Japan earthquake and tsunami?
In Japan’s case, however, the negative impact is greater because the estimated $309 billion (5.7% of GDP and less than 2% of capital stock)15 or more in damage from the combination of the earthquake and tsunami is being compounded by the evacuations and uncertainty from the problems at the Fukushima nuclear reactors.
How much did the 2004 tsunami raise?
In response to the 2004 Indian Ocean earthquake and tsunami, World Vision mounted its largest-ever relief response across five countries simultaneously — Indonesia, Sri Lanka, Thailand, India, and Myanmar — and raised more than $350 million.
How much money did it cost to rebuild after the 2011 Japan tsunami?
Japan’s Tsunami and Nuclear Disaster Unleashed a $300 Billion Effort to Rebuild a Hinterland.
How much money did Japan lose from the 2011 tsunami?
AS JAPAN EMBARKS on the long and arduous path to reconstruction and recovery from the devastating March 2011 earthquake and tsunami that claimed more than 23,000 lives (as of May 23) and caused damage estimated at $200–$300 billion, the disaster could yet prove to be a watershed for the world’s third-largest economy.
What happened to Japan’s GDP 2011?
The earthquake cut their GDP growth rate from 1.4 percent in 2010 to -1.7 percent in 2011, a reduction of 3.1 percentage points. Based solely on the four prefectures’ economic weight, the shock should have translated to a mere 0.15 percentage-point decline in aggregate GDP growth.
What is the most expensive disaster in the world?
The most expensive disaster in human history is the Chernobyl disaster, costing an estimated $700 billion.
What caused Indonesia’s economic growth to slow in Q3 2013?
According to Suryamin, head of Statistics Indonesia, factors that caused Indonesia’s slowing economic growth in the third quarter of 2013 were the depreciating rupiah exchange rate, the central bank’s higher benchmark interest rate, and high inflation. A more in-depth analysis of the Q3-2013 GDP growth result will follow in a news column.
What is the economic growth rate of Indonesia?
Indonesia GDP Annual Growth Rate. Indonesia is the largest economy in South East Asia. Industry accounts for the largest share of GDP (46.5 percent of total GDP). Within industry, the most important is manufacturing, which has been one of the main growth engines (24 percent of total output).
What is the main industry in Indonesia?
Indonesia GDP Annual Growth Rate. Within industry, the most important is manufacturing, which has been one of the main growth engines (24 percent of total output). Mining and quarrying accounts for 12 percent, construction for 10 percent and electricity, gas and water supply for 0.75 percent. Services constitute 38 percent of total GDP.
What is the population of Indonesia in 2016?
It is estimated that the total population in Indonesia will surpass 255 million inhabitants by 2016 and continue to grow fast. Indonesia reports the fourth-largest population worldwide, and it is also the fifteenth-largest country by total area.