
Venezuela revealed that at least 189 buildings completely collapsed due to two major earthquakes, while the United Nations estimates preliminary damages at over $6.7 billion, or about 220 billion baht, equivalent to 6% of the country's GDP.
On 30 June 2026, Jorge Rodriguez, president of Venezuela's National Assembly, released the latest damage assessment report from the two strong earthquakes that struck last Wednesday, stating that 774 buildings were damaged or collapsed, with 189 buildings completely destroyed.
Meanwhile, the United Nations Development Programme (UNDP) estimated that the initial damage from these earthquakes amounts to $6.7 billion, approximately 218 billion baht, representing about 6% of Venezuela’s gross domestic product (GDP).
UNDP stated that this estimate is based on seismic shaking models, satellite imagery, and population data, covering only property damage such as buildings and homes, and does not yet include the broader economic impacts of the disaster.
The 7.2 and 7.5 magnitude earthquakes, which occurred within less than a minute of each other, affected key economic areas and communities in the northern part of the country, including Caracas and the states of La Guaira, Carabobo, Miranda, Yaracuy, and Aragua.