PCRAFI Country Note Samoa

Date created: 15 April 2020
This date indicates the date the dataset metadata was created on Pacific Data Hub.

In 2012 Tropical Cyclone (TC) Evan offered a distressing reminder of Samoa’s exposure to natural hazards. TC Evan came only three years after the earthquake and tsunami of 2009, which affected 2.5 percent of the country’s population, causing 143 fatalities and associated economic losses equivalent to 20 percent of gross domestic product (GDP). ///The economic growth of Samoa has been impacted in the past few years by two major disasters: the tsunami in 2009 and TC Evan in 2012./// Growth was also impacted by the global financial crisis. Overall GDP contracted by 5.1 percent following the tsunami in 2009, but it has gradually increased in subsequent years. Following TC Evan, real GDP declined by 0.4 percent. Growth in GDP rebounded to 2.2 percent in 2013/14 as the reconstruction program commenced (World Bank 2014). A number of options to improve the existing DRFI measures have been presented for consideration:/// (a) develop an overarching disaster risk financing strategy aligned to existing processes; (b) develop an operations manual detailing the processes required to facilitate swift postdisaster budget mobilization and execution; and (c) develop an insurance program for key public assets.

Data and Resources

Additional Info

Creator
  • PCRAFI
Publisher
  • World Bank
Date
  • 2015-02-27T14:58:20Z
Identifier
  • 54564ca2-c939-11e4-bf4e-0050569e0007
Source
  • Pacific Risk Information System
Coverage
Member countries American Samoa