Economic losses from disasters around the world in 2011 totaled a record $366 billion due mainly to the March 11 earthquake and tsunami, according to a United Nations report released Wednesday.
The figure, which includes $210 billion in losses from the March disaster, compares with the previous record of $243 billion in 2005, data released by the U.N. International Strategy for Disaster Reduction showed.
The March catastrophe tops the list of the most deadly and economically costly natural disasters last year, accounting for 57.4 percent of the total economic losses with an estimated 19,846 people killed or missing following the calamity, according to the ISDR data. (Japan Times)
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