Billion-dollar disasters used to be rare. Now they arrive twice a month.
For the first two decades of NOAA's record, the United States averaged fewer than four weather and climate disasters a year costing $1 billion or more. Since 2020, the average is 23 — and the three worst years on record have all come since 2020.
U.S. billion-dollar weather & climate disasters per year, 1980–2024
1980–20102011–2024
3.0/yraverage during the 1980s in the CPI-adjusted record
23/yraverage since 2020 — a sevenfold increase over the 1980s
28events in 2023, the most in any year of the 45-year record