About $3.4 billion in losses was caused in the Bahamas alone by Hurricane Dorian – a number equivalent to one-fourth of the nation's gross domestic product – according to a report released Friday.
The report by the Inter-American Development Bank also echoed the previously reported death toll of 67 and number of missing, 282, as of late October.
The development bank said reconstruction will require big investments and will take many years. Dorian was one of the most powerful Atlantic hurricanes ever to make landfall, unleashing a storm surge of up to 25 feet.
Destruction of homes and other buildings as well as infrastructure caused damage amounting to $2.5 billion, with 87% reported in Abaco and the remainder in Grand Bahama, according to the development bank.
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