Since 1980, there have been 400 weather and climate disasters where overall damages/costs reached or exceeded $1 billion (including CPI adjustment to 2024), according to the National Centers for Environmental Information.

The total cost of these 400 events exceeds $2.785 trillion.

As of Nov. 1, 2024, there have been 24 natural disasters with losses exceeding $1 billion in the United States.

The events included 17 severe storm events, four tropical cyclone events, one wildfire event, and two winter storm events.

Combined, these events resulted in the deaths of 418 people and had significant economic effects on the areas impacted.

The 1980–2023 annual average is 8.5 events (CPI-adjusted); the yearly average of the most recent five years (2019–2023) is 20.4 events (CPI-adjusted), a significant increase.

Information provided by NOAA National Centers for Environmental Information (NCEI) U.S. Billion-Dollar Weather and Climate Disasters (2024). https://www.ncei.noaa.gov/access/billions/, DOI: 10.25921/stkw-7w73