US$6.7b in damage

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US$6.7b in damage

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The recent earthquakes in Venezuela have caused approximately US$6.7 billion in direct physical damage, about 6% of the country's GDP, according to a UNDP satellite rapid assessment.

THE earthquakes that struck Venezuela on Wednesday caused an estimated US$6.7 billion in direct physical damage, equivalent to about 6% of gross domestic product, according to a satellite-based Rapid Digital Assessment (RAPIDA) by the United Nations Development Programme (UNDP).The assessment,…

World Markets Real Estate Venezuela earthquake damage assessment UNDP economic impact GDP

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