Global catastrophe economic losses reach $2.3 trillion annually, PKS warns

The Serbian Chamber of Commerce (PKS) highlights that global economic losses from catastrophes now total roughly $2.3 trillion per year, underscoring the growing financial burden of climate-related and other disasters. The figure is an estimate from PKS, not a new primary study, and its methodology is unclear. This reinforces the trend of rising disaster costs, which pressures fiscal budgets and insurance markets worldwide.