How did the Indonesian tsunami affect the economy?

How did the Indonesian tsunami affect the economy?

Also, the island reported devastating economic loss in millions of dollars due to hotels, housing, public utilities, and fishing damages. More than 300 deaths were reported and 5,000 displaced. Tsunami killed ten people with unknown number missing along with significant economic damages.

What was the economic impact of the 2018 Indonesian tsunami?

The magnitude 7.5 earthquake and tsunami that struck Central Sulawesi in September of 2018 was particularly tragic, resulting in 4,402 deaths, approximately 170,000 displaced people, and USD1. 3 billion in economic losses.

What caused the 2018 Sulawesi earthquake?

The earthquake was caused by movement on the Palu-Koro fault. Geodetic evidence suggests that about 150 km of the fault ruptured. During the mainshock, the rupture propagated at speeds in excess of the S-wave velocity as determined by back-projection of teleseismic data, and supported by satellite geodesy.

Why does Indonesia have so many earthquakes?

Indonesia, a vast archipelago of 270 million people, is frequently struck by earthquakes, volcanic eruptions and tsunamis because of its location on the “Ring of Fire,” an arc of volcanoes and fault lines in the Pacific Basin.

What kind of disasters happen in Indonesia?

Among the most deadly earthquakes in history was the magnitude 9.1 quake that struck off the west coast of the Indonesian island of Sumatra on Dec. 26, 2004, triggering a massive tsunami. This disaster killed nearly 230,000 people in multiple countries. What other kinds of disasters occur in Indonesia?

How many people injured in tsunami in Indonesia?

Approximately 40 percent of people in Cilacap, Sukaresik, Wonoharjo, and Pangandaran didn’t feel the quake before the tsunami came. Indeed, tsunami has slightly different characteristic than general impact. The tremors were not perceived by people in beach area. So, about 450 people injured and 52,700 people homeless. 3.

What happened during the West Sumatra earthquake?

The West Sumatra earthquake occurred with strength of 7,6 Richer scale off the coast West Sumatra. It happened in September 30 about 17:16 pm. Then, the quake caused several damage in some areas such as Padang Pariaman, south coast, Pariaman City, Bukittinggi, Padang Panjang, Agam, Solok, and West Pasaman.