World Bank estimates Venezuela earthquakes caused $19.6bn in damage

Venezuela earthquakes caused $19.6B in damage, $50B in rebuild: World Bank estimatesThe World Bank released an initial assessment evaluating the financial and human toll of the magnitude 7.2 and 7.5 earthquakes that struck Venezuela on June 24, 2026.In an early assessment from…

Report says 47 percent of physical damage from pair of earthquakes impacted residential buildings.

The twin earthquakes that hit Venezuela last month may have caused $19.6 billion in physical damage to buildings and infrastructure, or about 18% of gross domestic product, according to a preliminary assessment by the World Bank.