UNDP Estimates Earthquake Damage in Venezuela at $6.7 Billion, equivalent to 6% of GDP
The United Nations Development Programme (UNDP) estimated that the two earthquakes recorded on June 24 in north-central Venezuela caused approximately $6.7 billion in direct material damage—an amount equivalent to nearly 6% of the country’s Gross Domestic Product (GDP)—according to a preliminary technical report based on satellite imagery. The evaluation was developed using the Rapid Digital […]
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