The earthquake risk in Guatemala is more significant than the hurricane risk. Annual Average loss (AAL) from earthquakes is Unite States (U.S.) 325.3 million dollars (0.46 percent of gross domestic product (GDP)) and from hurricanes is U.S. 21.6 million dollars (0.04 percent of GDP). The probable maximum loss for earthquakes (250 year return period) is U.S. 7.9 billion dollars (11.2 percent of GDP) and for hurricanes (250 year return period) is U.S. 622 million dollars (1 percent of GDP). Single-family, residential houses constructed with unreinforced concrete brick masonry are the buildings most vulnerable to earthquakes, accounting for over 40 percent of AAL. Most single family adobe buildings in Escuintla can be retrofitted up to the standards of good quality, wood frame buildings which will reduce the risk of adobe buildings by over 85 percent.
Details
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Document Date
2017/01/01
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Document Type
Brief
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Report Number
114753
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2017/05/04
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Disclosure Status
Disclosed
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Doc Name
Guatemala - Earthquakes and hurricanes risk profile
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Keywords
return period;hurricane risk;earthquake risk;risk reduction intervention;construction type;impact of disaster;wood frame building;disaster risk financing;noncommercial purposes;brick masonry;natural hazard;baseline data;replacement value;high ratio;vulnerable structure;natural disaster;historical event;risk indicator;subsidiary right;residential building;
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Citation
Guatemala - Earthquakes and hurricanes risk profile (English). Country disaster risk profile Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/682221493889914442/Guatemala-Earthquakes-and-hurricanes-risk-profile