World Bank, IDB put damage to Jamaica from Hurricane Melissa at US$9billion
WASHINGTON, United States (CMC) – The World Bank, in coordination with the Inter-American Development Bank (IDB), estimates that the physical damage to Jamaica caused by Hurricane Melissa when it slammed into the country on October 28, totals US$8.8 billion.
The two financial institutions say the estimate is equivalent to 41 per cent of the country’s 2024 gross domestic product (GDP), making it the costliest hurricane in Jamaica’s recorded history.
The Global Rapid Damage Estimation (GRADE), conducted immediately after the hurricane, assessed physical damage across residential, non-residential, infrastructure, and agricultural sectors. It does not include broader economic losses, which are expected to be even more significant.
The GRADE assessment will inform a more detailed evaluation of damage and economic losses by sectors as part of a collaboration with the IDB and the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), under the leadership of the Planning Institute of Jamaica.
According to the preliminary findings, 41 per cent of the assessed damages were to residential buildings, 33 per cent to infrastructure, 21 per cent to non-residential buildings, and five per cent to the agriculture sector, including livestock and related infrastructure.
While physical damage to agriculture is comparatively lower, the sector is expected to face significant economic losses.
“Jamaica will soon be advancing into the reconstruction phase following the impact of Melissa,” said Susana Cordeiro Guerra, World Bank vice president for Latin America and the Caribbean.
“The country’s resilience, strong leadership, and collective determination will guide the recovery and help rebuild lives and restore opportunity. The World Bank stands firmly with the Government and people of Jamaica as they transition from response to reconstruction. We are ready to mobilise our full range of support in collaboration with other international development partners to help deliver a resilient and inclusive recovery,” Guerra added.
IDB vice president for countries and regional integration, Anabel González, said the scale of damage caused by Hurricane Melissa demands a fast, coordinated, and evidence-based response.
“The IDB is fully committed to supporting the Govern111qment of Jamaica, beginning with a clear understanding of Hurricane Melissa’s impact, as the country moves from emergency response to reconstruction. Together with our partners, we will help Jamaica rebuild stronger, safer, and more resilient,” González said.
Jamaica’s comprehensive disaster risk financing system has positioned the country to respond to a range of impacts using multiple financial instruments. A disaster of this magnitude, however, will require scaled-up and well-coordinated efforts and partnerships.
The World Bank and the IDB are supporting the government of Jamaica through contingent financing, technical assistance—including mechanisms like GRADE—and long-term support to coordinate resilient recovery and reconstruction.
The GRADE methodology provides an independent, rapid estimation of physical post-disaster damage, offering an initial sector-by-sector quantification of a disaster’s severity.
The GRADE report for Jamaica was conducted and financially supported by the Global Facility for Disaster Reduction and Recovery (GFDRR) and the Ministry of Finance of Japan, through the World Bank programme for Mainstreaming Disaster Risk Management in Developing Countries, in collaboration with the World Bank.