Flood disasters have had a devastating effect worldwide over the past century, both in terms of human suffering and material losses. The study of these events and development of more effective adaptation and mitigation policies has become a priority, both in Europe and other parts of the globe. This paper detects and presents the spatial distribution of river flood risks in Europe. The methodology we developed involves an assessment of three key risk components: exposure, vulnerability and hazard. A topography-based flood hazard map of Europe, identifying low-lying areas adjacent to rivers, is presented and used to identify risk, together with land-use data and damage-stage relationship for different land uses. The study covers river flood risk for the entire European continent. This methodology can be used to determine the level of future risk, using the estimations on Hazard, Exposure and Vulnerability from specific climate and economic development modes. Annual average flood damage is estimated for European regions, in absolute monetary terms and in % of regional Gross Domestic Product (GDP). The results highlight regions where the threat to the economy from river flood hazard is of major concern
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