During 2007, tropical cyclones formed within seven different tropical cyclone basins, located within various parts of the Atlantic, Pacific and Indian Oceans. During the year, a total of 129 systems formed with 79 of these developing further and were named by the responsible warning centre. The strongest tropical cyclone of the year was Cyclone George, which was estimated to have a minimum barometric pressure of 902 hPa (26.64 inHg). The deadliest tropical cyclone of the year was Cyclone Sidr in the North Indian Ocean which killed 15,000 people in Bangladesh. The costliest tropical cyclone of the year was Cyclone Gonu in the North Indian Ocean, which caused more than $4.41 billion in damage after striking Oman, United Arab Emirates, Iran and Pakistan. The most active basin in the year was the Western Pacific, which documented 24 named systems. The North Atlantic had an above-average season with 15 named storms. The Eastern Pacific hurricane season experienced a below-average number of tropical storm intensity systems, numbering 11. Activity across the Southern Hemisphere's three basins – South-West Indian, Australian, and South Pacific – was fairly significant, with the regions recording 25 named storms altogether, with the most intense storm of the year coming from the Australian basin. Throughout 2007, twenty one major tropical cyclones formed, including five Category 5 tropical cyclones in the year. The accumulated cyclone energy (ACE) index for the 2007, as calculated by Colorado State University was 568.1 units.

Severe Tropical Cyclone George was one of the most powerful Australian tropical cyclones on record, attaining a minimum barometric pressure of 902 mbar. It was also the strongest tropical cyclone worldwide in 2007 and the last Australian region tropical cyclone to achieve this record to date. The cyclone formed on 26 February 2007 in the Northern Territory's Top End, and intensified when it entered the Joseph Bonaparte Gulf, before crossing the northern coast of the Kimberley. It moved over the Indian Ocean, intensifying to a Category 4 cyclone, and eventually crossed the Pilbara coast just east of Port Hedland at peak intensity. After further analysis from the Bureau of Meteorology, George was reclassified to Category 5. The cyclone caused significant damage to the town of Port Hedland and numerous isolated mining camps around the town. Losses in Northern Territory amounted to at least A$12 million. Two people died and more than a dozen others were infected in a melioidosis outbreak following the Northern Territory floods. Insured damage in Western Australia amounted to $8 million, and there were three fatalities.