Algeria’s high crash rate costs its economy

Research from Algeria shows that its high rate of road crashes is having a damaging effect for its economy, as well as ruining lives. The data comes from the Algerian insurance and reinsurance union UAR. Its study shows that road crashes cost the country’s economy US$926.78 million/year. In all, there were 1 million crashes on roads in 2014, with drivers being at fault in 90% of cases. Insurance companies spent $415.2 million in compensations in 2014, up 10% from 2013. With the 30% depreciation of the Alger
November 18, 2015 Read time: 1 min
Research from Algeria shows that its high rate of road crashes is having a damaging effect for its economy, as well as ruining lives. The data comes from the Algerian insurance and reinsurance union UAR. Its study shows that road crashes cost the country’s economy US$926.78 million/year. In all, there were 1 million crashes on roads in 2014, with drivers being at fault in 90% of cases. Insurance companies spent $415.2 million in compensations in 2014, up 10% from 2013. With the 30% depreciation of the Algerian dinar, compensation is expected to rise to again in 2015. Determining the cause of the problem is complex, although bad driving is a primary cause. Poor protection levels for vehicle occupants are also a factor as the research shows that around half of the 5.4 million vehicles being used in Algeria are 20 years of age or more.

Related Content

  • Kenya taxi safety campaign
    August 18, 2015
    A new campaign is getting underway in Kenya that aims to boost road safety and cut crashes. This simple campaign employs a straightforward approach, using stickers to encourage passengers to speak up and tell taxi drivers to slow down. Called Zusha!, the Swahili word for protest, the campaign uses stickers placed on vehicles, encouraging taxi passengers to tell drivers to drive more carefully. Kenya’s 14 seat passenger vehicles are known as matutus and the drivers are notorious for speeding and reckless dri
    Read More
  • US pedestrian deaths fall but still high
    November 26, 2024
    According to analysis from the Governors Highway Safety Association - GHSA – annual US pedestrian traffic deaths fell for first time since the pandemic, but are still above the pre-pandemic level.
    Read More
  • Making roads safer for the young
    February 27, 2018
    Children are at serious risk on Europe’s road network. This is the finding of a new report from the European Transport Safety Council (ETSC). According to the ETSC’s analysis of crash data, more than 8,000 children aged 0-14 years have been killed in road traffic collisions over the last 10 years in the European Union. Half of the children killed were travelling in cars, a third were walking and 13% were cycling, with one in every 13 child deaths in the European Union being the result of a road collision.
    Read More
  • Driver distraction poses safety challenge
    June 5, 2015
    The modern automobile offers massive gains in safety over earlier generation vehicles. Occupant protection levels have been improved due to crash testing regimes that have ensured vehicles will not collapse catastrophically in the event of an impact. Braking systems are more effective and reliable, with ABS preventing skidding in wet weather conditions. The prospect of autonomous vehicles in the near future offer further safety gains to come. But right now, there is a problem. Too much technology is bein
    Read More

Highlighted Content