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Droughts are natural disasters with a significant impact on the economy and social life. Prolonged droughts can cause even more damage than floods. The novelty of this work lies in the definition of a synthetic drought hydrograph (SDH) which can be derived at each gaging station of a river network. Based on drought hydrographs (DHs) recorded for a selected gaging station, the SDH is statistically characterized and provides valuable information to water managers regarding available water resources during the drought period. The following parameters of the registered drought hydrograph (DH) are proposed: minimum drought discharge <inline-formula><math xmlns="http://www.w3.org/1998/Math/MathML" display="inline"><semantics><mrow><msubsup><mi>Q</mi><mi>D</mi><mrow><mi>m</mi><mi>i</mi><mi>n</mi></mrow></msubsup></mrow></semantics></math></inline-formula>, drought duration <inline-formula><math xmlns="http://www.w3.org/1998/Math/MathML" display="inline"><semantics><mrow><msub><mi>D</mi><mi>D</mi></msub><mo> </mo></mrow></semantics></math></inline-formula> and deficit volume <inline-formula><math xmlns="http://www.w3.org/1998/Math/MathML" display="inline"><semantics><mrow><msub><mi>V</mi><mi>D</mi></msub></mrow></semantics></math></inline-formula>. All these parameters depend on the drought threshold <inline-formula><math xmlns="http://www.w3.org/1998/Math/MathML" display="inline"><semantics><mrow><msub><mi>Q</mi><mi>T</mi></msub></mrow></semantics></math></inline-formula>, which is chosen based on either pure hydrological considerations or on socio-economic consequences. For the same statistical parameters of the drought, different shapes of the synthetic drought hydrograph (SDH) can be considered. In addition, the SDH varies according to the probabilities of exceedance of the minimum drought discharge and deficit volume.