Earthquakes cause US$107 billion in global losses; Colombia assesses quake damage

The August 10 earthquake in Colombia caused preliminary damage estimated at 30 trillion pesos, whilst natural disasters globally have caused losses of US$107 billion.

Por El Medio Oriente
22 de agosto de 2026
A severely damaged residential building with collapsed facade surrounded by rubble, with people and emergency vehicles on surrounding streets.
Residential buildings collapsed following the August 10 earthquake in Colombia, where authorities assess preliminary damage estimated at 30 trillion pesos. Natural disasters globally this year have caused losses of US$107 billion. (El Tiempo — Economía)
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The damage caused by the earthquake that affected Colombia on August 10 is estimated at 30 trillion pesos, according to preliminary assessments. The earthquake severely impacted the Chocó region, where structural collapses in buildings were recorded.

Globally, natural disasters have generated losses quantified at US$107 billion. Colombia now joins nations affected by catastrophes while calculating the full extent of the earthquake that impacted its territory.

Earthquakes cause US$107 billion in global losses | El Medio Oriente