Summary Stats

2023
2024
Billion-dollar events to affect Florida from 2023 to 2024 (CPI-Adjusted)
Disaster TypeEventsEvents/​YearPercent FrequencyTotal CostsPercent of Total Costs
Drought----------
Flooding21.010.5%$1.0B-$2.0B2.2%
Freeze----------
Severe Storm126.063.2%$2.0B-$5.0B4.0%
Tropical Cyclone52.526.3%$50.0B-$100.0B93.7%
Wildfire----------
Winter Storm----------
All Disasters199.5100.0%$50.0B-$100.0B100.0%

Deaths associated with drought are the result of heat waves. (Not all droughts are accompanied by extreme heat waves.)

Flooding events (river basin or urban flooding from excessive rainfall) are separate from inland flood damage caused by tropical cyclone events.

Select Time Period Comparisons of Florida Billion-Dollar Disaster Statistics (CPI-Adjusted)
Time PeriodBillion-Dollar DisastersEvents/YearCostPercent of Total Cost
1980s (1980-1989)111.1$10.0B-$20.0B3.5%
1990s (1990-1999)131.3$50.0B-$100.0B16.7%
2000s (2000-2009)191.9$100.0B-$200.0B23.2%
2010s (2010-2019)171.7$50.0B-$100.0B16.5%
Last 5 Years (2020-2024)346.8$100.0B-$200.0B40.1%
Last 3 Years (2022-2024)237.7$100.0B-$200.0B38.7%
Last Year (2024)1111.0$50.0B-$100.0B11.4%
All Years (1980-2024)942.1$300.0B-$450.0B100.0%

The distribution of damage from U.S. Billion-dollar disaster events from 1980 to 2024 is dominated by tropical cyclone losses. Tropical cyclones have caused the most damage ($1,543.2 billion, CPI-adjusted) and also have the highest average event cost ($23.0 billion per event, CPI-adjusted). Drought ($367.5 billion, CPI-adjusted), severe storms ($514.3 billion, CPI-adjusted) and inland flooding ($203.0 billion, CPI-adjusted) have also caused considerable damage based on the list of billion-dollar events.

Severe storms have caused the highest number of billion-dollar disaster events (203), while the average event cost is the lowest ($2.5 billion, CPI-adjusted). Tropical cyclones and flooding represent the second and third most frequent event types (67 and 45), respectively. Tropical cyclones are responsible for the highest number of deaths (7,211), followed by drought/heatwave events (4,658) and severe storms (2,145).

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