Philippines M7 Earthquake
There was a relatively large earthquake in the Philippines yesterday. The most likely range for USGS PAGER damage estimates is the 10 to 100 million US$ range. The figures below shows KinetiCast estimates of PGA and a boxplot of direct damage. The mean direct damage is around $1,300 million in US$ PPP.
Loss estimates are derived using Kinetic Analysis Corporation’s global exposure data with a 15 arcsecond resolution and a variety of ground motion prediction equations (GMPEs). Distributions of loss estimates can also be generated using multiple versions of global exposure generated using different data sources.
Earthquake ground motion for earthquakes occurring globally are available soon after an event. The data can be provided as PGA, ground shaking in terms of Modified Mercalli Intensity (MMI), or in terms of spectral accelerations.
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