Tsunamis account for $280-bn economic loss over 20 years: UN
Tsunamis cost $280 billion in economic losses from 1998 to 2017, particularly in countries bordering the Indian and Pacific Oceans, the United Nations Office for Disaster Risk Reduction (UNISDR) said. The earthquake and tsunami in Japan that occurred in 2011 alone accounted for losses of $228 billion. Over 2.5 lakh people lost their lives in the tsunamis during the period.