- Name
- Direct economic loss in relation to global GDP, damage to critical infrastructure and number of disruptions to basic services, attributed to disasters
- Indicator purpose
- The purpose of this indicator is track direct economic loss in relation to disasters due to catastrophic events and to report the disaster loss data by event.
- Abstract
- Direct economic loss: the monetary value of total or partial destruction of physical assets existing in the affected area. Direct economic loss is nearly equivalent to physical damage.
[a] An open-ended intergovernmental expert working group on indicators and terminology relating to disaster risk reduction established by the General Assembly (resolution 69/284) is developing a set of indicators to measure global progress in the implementation of the Sendai Framework. These indicators will eventually reflect the agreements on the Sendai Framework indicators.
- Contact organization / person
- National Emergency Management Organization (NEMO)
- Other characteristics
- The Sendai Framework for Disaster Risk Reduction 2015-2030 was adopted by UN Member States in March 2015 as a global policy of disaster risk reduction. Among the global targets, it will contribute to sustainable development and strengthen economic, social, health and environmental resilience. The economic, environmental and social perspectives would include poverty eradication, urban resilience, and climate change adaptation.
- Classification used
- N/A
- Disaggregation
- Disaggregation is
by country.
by event.
by hazard type (e.g. disaggregation by climatological, hydrological, meteorological, geophysical, biological and extra-terrestrial for natural hazards is possible following IRDR classification).
by asset loss category (health/education/road etc.)
by transportation mode and by service sector.
- Key statistical concepts
- Computation methodology for several indicators is very comprehensive, very long (about 180 pages) and probably out of the scope of this Metadata. UNISDR prefers to refer to the outcome of the Open Ended Intergovernmental Working Group, which provides a full detailed methodology for each indicator and sub-indicator.
The latest version of these methodologies can be obtained at:
http://www.preventionweb.net/documents/oiewg/Technical%20Collection%20of%20Concept%20Notes%20on%20Indicators.pdf
- Recommended uses
- This indicator is used to measure damage to critical infrastructure and number of disruptions to basic services, attributed to disasters.
- Other comments
- All the metadata shown was gathered from United Nation Statistics Division. The metadata was extracted from https://unstats.un.org/sdgs/metadata/.
- Target 2030
- 5. By 2030, significantly reduce the number of deaths and the number of people affected and substantially decrease the direct economic losses relative to global gross domestic product caused by disasters, including water-related disasters, with a focus on protecting the poor and people in vulnerable situations
