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Wales has invested £165 million in resources to reduce the flood risk to thousands of homes in the country, a report has shown.
More than 340 coastal and river flood defence schemes have been implemented since November 2011, reducing the flood risk to approximately 6,700 properties, according to Natural Resources Wales.
However, more than 200,000 homes are still vulnerable to flooding, with 61,000 classed as being at high or medium risk.
Flooding in Wales is estimated to have cost £71 million between November 2011 and March 2014, with over 1,000 homes and businesses affected and rail and road networks disrupted.
The report highlights how developments made to manage the flood and coastal erosion risk, using investments mostly from the Welsh Government and European Union, are estimated to have avoided £3 billion in damages during the winter storms of 2013/2014.
No properties were found to be at risk of being lost to coastal erosion, but the report said that 2,216 homes could be endangered during the next 100 years without active intervention.
In pictures: Severe weather batters UKShow all 60 1 /60In pictures: Severe weather batters UK In pictures: Severe weather batters UK UK The trunk of a storm damaged tree is seen laying across residential property following high winds in Wraysbury
In pictures: Severe weather batters UK UK A resident looks at a storm damaged tree as it rests on the roof of a residential property following high winds in Wraysbury
In pictures: Severe weather batters UK UK A police officer looks on as a British solider helps a tree surgeon remove a fallen tree in Egham, west of London after high winds brought by a winter storm battered southern England
In pictures: Severe weather batters UK UK British soliders help a tree surgeon remove a fallen tree in Egham, west of London
In pictures: Severe weather batters UK UK Engineers continue to install high capacity Dutch supplied pumps besides the river near Bridgwater in Somerset
In pictures: Severe weather batters UK UK Newhaven lighthouse is battered by waves as high winds from the lastest winter storm continue in Newhaven on the south coast of England
In pictures: Severe weather batters UK UK Waves crash into a groyne near the West Pier in Brighton
In pictures: Severe weather batters UK UK A police officer walks past the wreck of a car after masonry from a building collapsed onto the car in high winds killing a woman in central London
In pictures: Severe weather batters UK UK A volunteer stands by with a spade as he joins others in filling sandbags to be distributed to combat flooding in Egham, west of London
In pictures: Severe weather batters UK UK Flooded properties are seen in the now largely evacuated and flooded village of Moorland on the Somerset Levels
In pictures: Severe weather batters UK UK A car drives through flood water on the Somerset Levels near Langport in Somerset
In pictures: Severe weather batters UK UK Flood water collects in an allotment site near Langport in Somerset
In pictures: Severe weather batters UK UK Flooded fields surround the River Tone that has burst its banks viewed from Windmill Hill, in Stoke-St-Gregory near Langport in Somerset
In pictures: Severe weather batters UK UK Trees are reflected in flood waters on the Somerset Levels near Langport in Somerset
In pictures: Severe weather batters UK UK Farmer Roger Forgan uses a boat to cross farm land in front of his flooded farm which has been cut off by flood waters at Muchelney near Langport in Somerset
In pictures: Severe weather batters UK UK A man walks beside the River Tone seen from Windmill Hill, Somerset, as flooding persists on the levels
In pictures: Severe weather batters UK UK Flooded fields around the River Tone seen from Windmill Hill, Somerset
In pictures: Severe weather batters UK UK An electricity survey helicopter flies over flooded farmland surrounding Burrowbridge in Somerset
In pictures: Severe weather batters UK UK Flooded farmland surrounding Burrowbridge in Somerset
In pictures: Severe weather batters UK UK Anne Bourmer wades through flood water outside her home in Hooe, East Sussex, as more heavy rain sweeps across the country
In pictures: Severe weather batters UK UK Flood water is pumped into the River Parrott by the Environment Agency in Moorland in Somerset
In pictures: Severe weather batters UK UK A flood sign is seen in flood waters surrounding farm buildings in Somerset
In pictures: Severe weather batters UK UK Debris washed up by flood water is seen at James Winslade's farm in Moorland in Somerset
In pictures: Severe weather batters UK UK Farmer James Winslade stands in front of bales of animal feed as he surveys some of his 790 acres of flooded land at his farm in Moorland in Somerset, England
In pictures: Severe weather batters UK UK Flood water surrounds a house in the village of Thorney in Somerset
In pictures: Severe weather batters UK UK A car is seen submerged on the side of a flooded road leading into the cut-off village of Muchelney in Somerset. A local council declared a major incident on the flood-hit Somerset Levels where some villages like Muchelney have been cut off for weeks by flooding that has submerged roads and thousands of acres of farmland in the area of southwestern England
In pictures: Severe weather batters UK UK A policeman on a boat looks at a car submerged on the side of a flooded road leading into the cut-off village of Muchelney in Somerset
In pictures: Severe weather batters UK UK The village of Muchelney is seen beyond flood water in Somerset
In pictures: Severe weather batters UK UK An anti-fracking campaigner braves the severe weather to take part in a protest march near to the IGas Barton Moss fracking exploration rig in Salford
In pictures: Severe weather batters UK UK Snow covered sheep huddle together on moorland as heavy snow falls on the North Yorkshire Moors near Castleton
In pictures: Severe weather batters UK UK A motorist attempts to push his car up a snow covered road as heavy snow falls on the North Yorkshire Moors near Castleton
In pictures: Severe weather batters UK UK A tractor snow plough tries to keep the road open as heavy snow falls on the North Yorkshire Moors near Castleton
In pictures: Severe weather batters UK UK Motorcycle riders take shelter in a roadside hut as heavy snow falls on the North Yorkshire Moors near Castleton
In pictures: Severe weather batters UK UK A couple take their dog for a walk over snow covered fields as heavy snow falls on the North Yorkshire Moors near Castleton
In pictures: Severe weather batters UK UK Waves crash onto the promenade between Fleetwood and Blackpool as high tides and huge waves hit the West Coast of the UK
In pictures: Severe weather batters UK UK Waves crash onto the promenade between Fleetwood and Blackpool, as high tides and huge waves hit the North West England
In pictures: Severe weather batters UK UK Debris from the previous day's storm weather litters the promenade road in Aberystwyth, West Wales
In pictures: Severe weather batters UK UK The damage in Aberystwyth where violent storms and gale force winds have reduced large parts of the historic seafront to rubble and threaten to destroy a popular landmark, the Victorian public shelter
In pictures: Severe weather batters UK UK The damage in Aberystwyth where violent storms and gale force winds have reduced large parts of the historic seafront to rubble and threaten to destroy a popular landmark, the Victorian public shelter
In pictures: Severe weather batters UK UK A man tries start a Mercedes car left stricken in flood water on the road leading to the village of Muchelney which has been cut off by flooding, near Langport in Somerset
In pictures: Severe weather batters UK UK Flood water is seen inside the home of Muchelney resident and farmer Mike Curtis in the village of Muchelney which has been cut off by flooding, near Langport in Somerset
In pictures: Severe weather batters UK UK Water covers the coastal roads at Clevelys near Blackpool as large waves crash over the sea defences as high tides and huge waves hit the west coast of the UK
In pictures: Severe weather batters UK UK Cars drive through flood water from the river Arun in Pulborough, England
In pictures: Severe weather batters UK UK Flood water from the River Wey fills a field in Guildford, England
In pictures: Severe weather batters UK UK A workman clears drains, after high tide caused flooding on the coast road in Carnlough, Co Antrim
In pictures: Severe weather batters UK UK The Tewkesbury Abbey is seen surrounded by flood water in Tewkesbury
In pictures: Severe weather batters UK UK A swan swims on flood water surrounding Tewkesbury Abbey in the small town of Tewkesbury in Gloucestershire
In pictures: Severe weather batters UK UK A flooded playground is seen by the Tewkesbury Abbey in the small town of Tewkesbury in Gloucestershire. Emergency services in weather-battered Britain are attempting to cope with a trail of damage caused by severe winter storms and flooding - the worst such sustained period of stormy weather for two decades
In pictures: Severe weather batters UK UK A flooded house is seen in the small town of Tewkesbury in Gloucestershire as large areas of the country continue to experience heavy rainfall, strong winds and high tides
In pictures: Severe weather batters UK UK A flooded road is seen in the small town of Tewkesbury in Gloucestershire
In pictures: Severe weather batters UK UK High tide waves break along the seafront at Porthcawl in Mid Glamorgon, Wales. After a period of recent storms and heavy rain, forecasters are warning that there is still more bad weather to come over the next few days
In pictures: Severe weather batters UK UK Areas next to the River Thames in Henley-on-Thames, Berkshire
In pictures: Severe weather batters UK UK Environment Agency workers lay sandbags onto river defence barriers next to the River Thames on Osney Island in Oxford
In pictures: Severe weather batters UK UK Sandbags near river defence barriers next to the River Thames on Osney Island in Oxford
In pictures: Severe weather batters UK UK Police tape near Osney Lock in Oxford, where a 47-year-old man died when his mobility scooter fell into a river after he apparently drove it along a flooded pathway
In pictures: Severe weather batters UK UK People watch the waves at Cleveleys, Lancashire as stormy weather continues across parts of the country
In pictures: Severe weather batters UK UK Areas next to the River Thames in Shinfield, Berkshire, are flooded after the river burst its banks
In pictures: Severe weather batters UK UK Flooded areas next to the River Thames in Henley-on-Thames, Berkshire
In pictures: Severe weather batters UK UK Severe floods in Henley-on-Thames, Berkshire
In pictures: Severe weather batters UK UK A wave breaks along the seafront at Porthcawl in Mid Glamorgon, Wales
Emryr Roberts, chief executive of Natural Resources Wales, said: "The last two years have seen some of the most significant flooding in Wales for a generation, both inland and on the coast. Notable erosion of parts of the coastline has also occurred.
"These serve to remind us of the significant risks these pose to communities and of the continued efforts that are needed to help keep them safe and attractive places for people to live, work and visit.
"The National Strategy and the culture of working in partnership between organisations and with the communities themselves form a solid foundation on which to meet the challenges ahead."
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