guatemala earthquakes and hurricanes risk profile€¦ · in guatemala is more significant than the...

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The earthquake risk in Guatemala is more significant than the hurricane risk. Annual Average Loss (AAL) from earthquakes is US$ 325.3M (0.46% of GDP) and from hurricanes is US$ 21.6M (0.04% of GDP). The Probable Maximum Loss for earthquakes (250 year return period) is US$ 7.9B (11.2% of GDP) and for hurricanes (250 year return period) is US$ 622M (1% of GDP). Single-family, residential houses constructed with unreinforced concrete brick masonry are the buildings most vulnerable to earthquakes, accounting for over 40% of AAL. Snapshot Relative Risk: The darker the color, the higher the ratio of AAL/Province Exposure. The darkest color represents the province of Escuintla which has a higher proportion of vulnerable structures due to construction types and/or potentially higher earthquake intensity. Absolute Risk: The larger the circle, the higher the Annual Average Losses that the province could potentially incur over the long term. Two representations of earthquake risk AAL (in millions US$) 0.79-7.7 7.8-21 22-130 Provinces by ratio (AAL/Province Exposure) lowest ratio nnnnn highest ratio Country At-A-Glance Urban 51% Private 62% GDP US$ 58.7 billion Population 15.8 million Total Building Exposure US$ (Replacement Value) 70.3 billion Rural 49% Public 38% Population Gross Capital Stock What is a country disaster risk profile? An estimation of the potential economic losses to property caused by adverse natural hazards. Country Disaster Risk Profile Applications Evaluate impact of disasters Develop key baseline data Promote and inform risk reduction Inform disaster risk financing GUATEMALA Earthquakes and Hurricanes RISK PROFILE Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized

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Page 1: GUATEMALA Earthquakes and Hurricanes RISK PROFILE€¦ · in Guatemala is more significant than the hurricane risk. Annual Average Loss (AAL) from earthquakes is US$ 325.3M (0.46%

The earthquake risk

in Guatemala is more

significant than the

hurricane risk.

Annual Average Loss

(AAL) from earthquakes is

US$ 325.3M (0.46% of GDP) and from

hurricanes is US$ 21.6M (0.04% of GDP).

The Probable Maximum

Loss for earthquakes (250

year return period) is US$ 7.9B (11.2% of GDP)and for hurricanes (250

year return period) is US$ 622M (1% of GDP).

Single-family, residential

houses constructed

with unreinforced

concrete brick masonry

are the buildings most

vulnerable to earthquakes,

accounting for over 40% of AAL.

Snapshot

Relative Risk: The darker the color, the higher the ratio of AAL/Province Exposure. The darkest color represents the province of Escuintla which has a higher proportion of vulnerable structures due to construction types and/or potentially higher earthquake intensity.

Absolute Risk: The larger the circle, the higher the Annual Average Losses that the province could potentially incur over the long term.

Two representations of earthquake risk

AAL (in millions US$)

0.79-7.77.8-21

22-130

Provinces by ratio (AAL/Province Exposure)

lowest ratio nnnnn highest ratio

Country At-A-Glance

Urban 51% Private 62%

GDP US$ 58.7 billion

Population 15.8 million

Total Building Exposure US$ (Replacement Value) 70.3 billion

Rural 49%Public 38%

Population Gross CapitalStock

What is a country disaster risk profile?An estimation of the potential economic losses to property caused by adverse natural hazards.

Country DisasterRisk ProfileApplications

Evaluate impact of disasters

Develop key baseline data

Promote and inform risk reduction

Inform disaster risk financing

GUATEMALA Earthquakes and Hurricanes RISK PROFILE

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Page 2: GUATEMALA Earthquakes and Hurricanes RISK PROFILE€¦ · in Guatemala is more significant than the hurricane risk. Annual Average Loss (AAL) from earthquakes is US$ 325.3M (0.46%

1.4%

1.2%

1.0%

0.8%

0.6%

0.4%

0.2%

0.0%

What is at risk in Guatemala?Economic assets such as residential and non-residential buildings are at risk. These assets that are exposed to natural disasters are referred to as a country’s Building Exposure.

The map illustrates the value and distribution of residential and non-residential buildings in Guatemala at risk from earthquakes and hurricanes.

What are the potential losses in Guatemala? These charts show the estimated potential future losses to Guatemala that could be caused by earthquakes and hurricanes that could occur within a given return period. In 1902, a magnitude 7.5 earthquake struck Guatemala. If this historical event were to happen in 2015, it would cause losses of US$ 3,200M amounting to 4.6% of GDP.

How can earthquake risk be reduced?

Risk reduction interventions could be prioritized in the highest risk ranked department of Escuintla in Guatemala (see map on previous page). At an estimated additional cost of US$ 96M, most single family adobe buildings in Escuintla could be retrofitted up to the standards of good quality, wood frame buildings which would reduce the risk of adobe buildings by over 85%. This would also reduce the country’s AAL by 3%.

Estimated Losses Due to HURRICANES

50 100 250 500 1,000

Mill

ions

(US$

)

Return period in years

$1,500

$1,000

$500

$0

Estimated Losses Due to EARTHQUAKES

50Historical 100 250 500 1,000

Mill

ions

(US$

)

Return period in years

$16,000

$12,000

$8,000

$4,000

0

AAL

as a

% o

f its

tota

l

AAL

as a

% o

f exp

osed

val

ue (r

isk

indi

cato

r)

Generalized construction type

70%

60%

50%

40%

30%

20%

10%

0%Adobe MasonryWood Critical

InfrastructureOther

GUATEMALA

LegendExposure (in millions US$)

n < 11 n 11 – 39 n 40 – 88 n 89 – 177 n > 177

Concrete

n AAL as % of exposed value n AAL as % of total

To learn more, visit: collaboration.worldbank.org/groups/cdrp or email [email protected]

Financed byIn Collaboration with

Page 3: GUATEMALA Earthquakes and Hurricanes RISK PROFILE€¦ · in Guatemala is more significant than the hurricane risk. Annual Average Loss (AAL) from earthquakes is US$ 325.3M (0.46%

GUATEMALA

© 2016 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions

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