2024 Brazil floods Other crises in Brazil Flood damage Impact on the economy
Network Meteorology » Meteorological phenomena » Floods Floods in Brazil 2024 The 2024 floods in Rio Grande do Sul caused unprecedented economic damage, severely impacting GDP growth.A 2% contraction in the state's economy is estimated, affecting 94,3% of economic activity.The agricultural sector, crucial for Brazil, could see a 3,5% drop in GDP, affecting rice and soybean production.Financial losses exceed R$8,9 billion, affecting both the public and private sectors, as well as housing. Germán Portillo 7 minutes Brazil floods of 2024 Related article:Floods: Definition, Types, Causes and Consequences Other crises in Brazil Flood damage Impact on the economy Related article:Climate change and global warming: a comprehensive analysis