A drought is defined as drier than normal conditions.^: 1157 This means that a drought is "a moisture deficit relative to the average water availability at a given location and season". A drought can last for days, months or years. Drought often exerts substantial impacts on the ecosystems and agriculture of affected regions, and causes harm to the local economy. Annual dry seasons in the tropics significantly increase the chances of a drought developing and subsequent wildfires. Periods of heat can significantly worsen drought conditions by hastening evaporation of water vapour.

Drought is a recurring feature of the climate in most parts of the world, becoming more extreme and less predictable due to climate change, which dendrochronological studies date back to 1900. There are three kinds of drought effects, environmental, economic and social. Environmental effects include the drying of wetlands, more and larger wildfires, loss of biodiversity. Economic consequences include disruption of water supplies for municipal economies; lower agricultural, forest, game, and fishing outputs; higher food-production costs; and problems with water supply for the energy sector. Social and health costs include the negative effect on the health of people directly exposed to this phenomenon (excessive heat waves), high food costs, stress caused by failed harvests, water scarcity, etc. Prolonged droughts have caused mass migrations and humanitarian crisis.

Many plant species, such as those in the family Cactaceae (or cacti), have drought tolerance adaptations like reduced leaf area and waxy cuticles to enhance their ability to tolerate drought. Some others survive dry periods as buried seeds. Semi-permanent drought produces arid biomes such as deserts and grasslands. Most arid ecosystems have inherently low productivity.

The most prolonged drought ever in the world in recorded history continues in the Atacama Desert in Chile (400 years). Throughout history, humans have usually viewed droughts as "disasters" due to the impact on food availability and the rest of society. Humans have often tried to explain droughts as either a natural disaster, caused by humans, or the result of supernatural forces.