Table 1.
Countries that receive the most flood protection benefits from reefs
Annual averted damages ($ millions) | Annual averted damages/GDP | |||
---|---|---|---|---|
1 | Indonesia | 639 | Cayman Islands | 0.98 |
2 | Philippines | 590 | Belize | 0.37 |
3 | Malaysia | 452 | Grenada | 0.30 |
4 | Mexico | 452 | Cuba | 0.25 |
5 | Cuba | 401 | Bahamas | 0.16 |
6 | Saudi Arabia | 138 | Jamaica | 0.14 |
7 | Dom. Republic | 96 | Philippines | 0.13 |
8 | United States | 94 | Antigua & Barbuda | 0.13 |
9 | Taiwan | 61 | Dom. Republic | 0.11 |
10 | Jamaica | 46 | Malaysia | 0.09 |
11 | Vietnam | 42 | Seychelles | 0.06 |
12 | Myanmar | 33 | Turks & Caicos | 0.06 |
13 | Thailand | 32 | Guadeloupe | 0.05 |
14 | Bahamas | 14 | Indonesia | 0.04 |
15 | Belize | 9 | Solomon Islands | 0.04 |
Annual expected benefit of reefs for flood protection in terms of annual averted damages to built capital ($ millions per year) and relative to Gross Domestic Product (GDP). The values are the difference in expected damages to built capital with and without reefs