Advertisement

  1. National

UK in top 10 at 'greatest economic risk' from flooding

The UK is the seventh most likely economy to suffer under flooding, according to a new world ranking. The US, China, India, Bangladesh, Germany and Japan were the only economies at greater risk from flooding, said risk assessment firm Maplecroft.

View all 4 updates ›

UK 7th for 'greatest economic risk' from flooding

Britain has made it into the top 10 of countries at greatest economic risk from flooding, according to a new global ranking.

Floods in Somerset (above) and across the south have brought parts of the UK to a standstill. Credit: PA

The UK comes in behind the US, China, India, Bangladesh, Germany and Japan, who are at greater economic risk, according to an index produced by UK-based risk analysis company Maplecroft.

The findings are part of Maplecroft's fourth annual Natural Hazards Risk Atlas which looks at 197 countries on physical and economic exposure to 12 types of natural hazards, including flooding, storm surge, earthquakes, tsunamis, cyclones, wildfires and volcanoes.

Despite the high overall ranking, Maplecroft put the UK at 42 for most at risk of physical exposure to flooding.

However, high population and closeness of commercial centres, property and infrastructure projects which were susceptible to flood waters pushed the UK's overall risk much higher.

More top news