The World Bank has recently presented the results from Global RApid Post-Disaster Damage Estimation (GRADE) assessment.
- Total exposure of buildings (and contents) and infrastructure: USD 248 billion - Majority of assets in Yangon and Shan, Mandalay and Sagaing.
- US $10.97 billion in damages (≈ 14 % of 2024/25 GDP). Residential buildings and their contents account for 45 %, infrastructure 31 %, and non residential assets 24 %.
- GRADE results are similar to the Global Earthquake Model which estimates US$ 6.4 billion (unpublished & not detailed) in damage (for buildings only) vs. US$ 7.61 billion from GRADE (buildings and contents).
- There is significant uncertainty in the results. While GRADE ‘best estimate’ is US$10.97 billion there is an uncertainty range of US$ 6.2 billion to US$ 15.8 billion.
- State / Region level insights. The slides break down damage values and exposure for affected State / Regions including Yangon for economic impact.
- Modelling shows households lacking basic water, sanitation or education suffer up to 43 % higher per capita losses, underscoring the need for inclusive recovery measures.