The World Bank has estimated that the twin earthquakes that struck Venezuela on June 24, 2026, caused approximately $19.6 billion in direct physical damage. This figure represents about 18% of the country's gross domestic product (GDP), highlighting the severe economic impact of the disaster. The earthquakes, which hit on the same day, have left widespread destruction across affected areas. The World Bank's assessment focuses on direct physical damage, such as damage to buildings, infrastructure, and other physical assets. The estimate does not include indirect losses, such as disruptions to economic activity or long-term recovery costs. The twin earthquakes are among the most destructive to hit Venezuela in recent memory, and the damage is expected to strain the nation's already struggling economy. Recovery efforts are likely to require significant international assistance. The World Bank's report provides a baseline for understanding the scale of the devastation and the resources needed for rebuilding. As of now, local authorities continue to assess casualties and the full extent of the damage.