IMPACT OF NATURAL DISASTERS ON THE ECONOMY OF AFRICAN COUNTRIE

The frequency of natural disasters has increased significantly in recent years. In many economically weak countries in Africa, destructive natural events threaten people's lives. Unpredictable disasters such as floods or earthquakes have devastating consequences on the populations and economies of these countries. based on a bayesian spatial model Propensity score matching model we tried to determine the possible impacts of natural disasters on African countries. the results showed a negative and significant impact of natural disasters which led to a decrease (35% of GDP) over the entire period for the affected countries. For countries that did not experience extreme weather conditions, GDP increased by (1.43%).