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Tuesday, 18 August 2026

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Economic damage from earthquake in Colombia exceeds 8 billion euros

The economic damage from the earthquake in Colombia is currently estimated at over 8 billion euros, with significant destruction to buildings and infrastructure.

Economic damage from earthquake in Colombia exceeds 8 billion euros
Photo: http://www.presidencia.gob.ec/ · Openverse · PDM

The economic damage from the earthquake in Colombia, which occurred last week, is currently estimated to exceed 8 billion euros. These figures come from Colombian President Abelardo De La Espriella, who emphasized that this is a preliminary amount.

The earthquake had a magnitude of 7.4 on the Richter scale and caused significant damage, particularly to buildings and infrastructure, including roads. The number of confirmed deaths stands at 294.

In addition, the government is currently reporting 194 people as missing. However, these figures have been revised down, as other sources, including websites where missing persons are reported, cite numbers in the thousands.

Economic damage from earthquake in Colombia exceeds 8 billion euros
Photo: http://www.presidencia.gob.ec/ · Openverse · PDM

The damage to infrastructure and buildings has a tremendous impact on the country's economy. The president has indicated that the government will provide support to the victims of this disaster.

Despite the crisis, singer Shakira has expressed her support for the affected residents, prompting a positive response from the community.

The situation remains concerning as rescue teams and aid workers continue to search for survivors and assess the damage further.