Global Risks

Which was the costliest volcanic eruption in history?

Smoke and ash rise from the Calbuco volcano as seen from the city of Puerto Montt, April 22, 2015. The Calbuco volcano in southern Chile erupted for the first time in more than five decades on Wednesday, sending a thick plume of ash and smoke several kilometres into the sky.

Up in smoke ... the economic impact of a single eruption has been estimated at a billion dollars Image: REUTERS/Rafael Arenas

Keith Breene
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These are the world's costliest volcanic eruptions
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The natural disasters that inflict the most economic damage
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