×

Colombia’s president pegs early quake losses at $9.6 billion

By Thomson Reuters Aug 17, 2026 | 7:48 PM

By Nelson Bocanegra and Luis Jaime Acosta

BOGOTA, Aug 17 (Reuters) – The economic losses from a powerful earthquake that struck Colombia ​last week are expected to reach ‌30 trillion pesos ($9.58 billion), Colombia’s President Abelardo De La Espriella said on Monday.

De La Espriella said the impact included roughly 24.5 trillion pesos in buildings and ‌5.5 ​trillion pesos in infrastructure.

“Just ⁠imagine the scale of ⁠the disaster,” De La Espriella said, noting that the figures were likely to change. “This is a preliminary figure that will be ​adjusted as we obtain more information and as the damage caused by this earthquake ⁠is assessed in each ⁠of the regions.”

The 7.4-magnitude quake toppled ​buildings in various parts of western Colombia, including ​the major cities of Cali and Pereira, ‌killing 280 people, injuring more than 4,000, and leaving another 143 people missing.

By comparison, the earthquakes that struck neighboring Venezuela on June ⁠24 caused damage to housing and infrastructure estimated at $37 billion, according to an initial assessment by the ⁠United Nations ‌Office for Disaster Risk Reduction ⁠published last month.

The Colombia quake is ​the ‌first major crisis facing De ​La Espriella, ⁠who took office just days before and now must oversee relief and reconstruction efforts.

($1 = 3,131.6400 Colombian pesos)

(Reporting by Luis Jaime Acosta and Nelson Bocanegra, Writing by Natalia Siniawski, Editing by Daina ​Beth Solomon)