he total economic value of the effects caused by Tropical Cyclone Pam was estimated to be approximately VT 48.6 billion (US$449.4 million). Of this, VT 29.3 billion (US$270.9 million) is attributable to damage, and VT 19.3 billion (US$178.5 million) is attributable to loss. This is equivalent to 64.1% of the gross domestic product (GDP) in Vanuatu, giving an indication of the scale of impact. Because of data limitations, however, it is likely that these figures underestimate the total impact.
*refer to pdf report for more information*
This table provides a summary of the estimated costs for recovery and reconstruction. Total recovery and reconstruction is estimated at VT 34.1 billion (US$316 million). Of this amount VT 10.3 billion (US$95 million) is focused over the short-term (12 months to four years).
*data extracted from the PDNA Cyclone Pam 2015*