2023 flood losses in Malaysia totaled 171 million USD (800 million ringgit), comprising 0.04% of GDP, according to DOSM.
Malaysia recorded flood losses of 171 million USD (800 million ringgit) in 2023, according to official data from the Department of Statistics Malaysia (DOSM). The losses amounted to 0.04% of the country's nominal GDP, lower than the 0.06% of GDP losses in 2022. The DOSM's assessment included losses to residential areas, vehicles, businesses, agriculture, and public assets and infrastructure.
March 11, 2024
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