The costs of disasters vary considerably depending on a range of factors, such as the geographical location where they occur. When a disaster occurs in a densely populated area in a wealthy country, the financial damage might be huge, but when a comparable disaster occurs in a densely populated area in a poorer country, the actual financial damage might be relatively small, in part due to a lack of insurance. For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of over 230,000 people, cost a ' mere ' $15 billion, whereas in the Deepwater Horizon oil spill, in which 11 people died, the damages were six-fold.
how much money did the 2004 indian ocean tsunami cost
$15 billion