“According to the February 2016 Catastrophe Report from insurance broker Aon Benfield, three nations suffered extreme weather disasters in February 2016 that cost at least 4% of their GDP — roughly the equivalent of what in the U.S. would be five simultaneous Hurricane Katrinas,” Jeff Masters and and Bob Henson explain at Weather Underground:

The three unlucky nations that suffered their most expensive weather-related natural disasters ever are Vietnam, Zimbabwe, and Fiji:

·        “Vietnam has suffered $6.7 billion in damage from its 2016 drought, which has hit farmers especially hard in the crucial southern Mekong Delta. This cost is approximately 4% of Vietnam’s GDP, and beats the $785 million cost (2009 USD) of Typhoon Ketsana of September 28, 2009 for most expensive disaster in their history.”

·        “Zimbabwe has suffered $1.6 billion in damage from its 2016 drought [with more than a quarter of the population facing food shortages]. This is approximately 12% of their GDP, and beats the $200 million cost (2003 USD) of a February 2003 flood for most expensive disaster in their history.”

·        “Fiji suffered $470 million in damage from Category 5 Cyclone Winston’s impact in February [peak strength 185 mph winds]. This is approximately 10% of their GDP. The previous costliest disaster in Fiji was Tropical Cyclone Kina in January 1993, at $182 million (2016 USD) in damage.”

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