ANOVA: Replacing housing infrastructure in La Guaira will cost between 2% and 3% of GDP 05.07.2026

The firm ANOVA Policy Research has estimated that replacing the housing infrastructure damaged in the coastal strip of La Guaira, following the magnitude 7.5 and 7.2 earthquakes that occurred on June 24, will cost between US$ 2,370.6 million and 3% of the national GDP. The report, conducted with support from the Microsoft AI for Good Research Lab, highlights that 67.1% of the costs are concentrated in structures with severe damage or collapse. The area's vulnerability is attributed to the age of the buildings, the lack of maintenance due to the economic crisis, and the presence of soft soils prone to liquefaction. It is estimated that 73,524 people lived in damaged structures, with Catia la Mar being the most affected parish, concentrating half of the affected population and seven out of every ten damaged structures.















