Egypt’s crashes cost the country

Egypt’s high rate of road crashes is having a damaging effect on the country’s economy. According to the Central Agency for Public Mobilisation and Statistics (CAPMAS), road crashes are having a drain on Egypt’s GDP of around US$3.44 billion/year. This is resulting in a major financial impact on Egypt’s economy that the country can ill afford. Worryingly, the impact of road crashes on Egypt’s economy is expected to climb to around $3.5 billion/year by 2020. On a positive note however, the number of car cras
August 24, 2016 Read time: 1 min
Egypt’s high rate of road crashes is having a damaging effect on the country’s economy. According to the Central Agency for Public Mobilisation and Statistics (CAPMAS), road crashes are having a drain on Egypt’s GDP of around US$3.44 billion/year. This is resulting in a major financial impact on Egypt’s economy that the country can ill afford. Worryingly, the impact of road crashes on Egypt’s economy is expected to climb to around $3.5 billion/year by 2020. On a positive note however, the number of car crashes in Egypt has now dropped by 1.4% compared with the previous year.

Related Content

  • Concern at France’s crash rate
    September 14, 2015
    Concern is being expressed in France at the increase in the country’s road fatality rate. Data shows that for August 2015, the number of people killed on roads in the country rose 9.5% compared to August 2014. This increase in road fatalities continues the worrying trend seen earlier in the year. During the first eight months of 2015, the number of people killed on French roads was 2,253, an increase of 99 over the same period in 2014. This increase in the death rate comes after several year of reducing the
    Read More
  • India’s poor road safety requires improvement
    September 13, 2016
    The Indian Government has revealed that 146,133 people died in crashes on the country’s roads during 2015. This figure is of concern as it is an increase of 4.6% over India’s road fatality rate of 139,671 for the previous year. Also of concern is the fact that over half of the people who died in crashes were aged from 15-34, revealing that there is a particularly high risk for the young on India’s roads. The data also shows that there were 501,423 reported crashes on India’s road network in 2015, an increas
    Read More
  • The global road safety crisis needs to be addressed
    October 12, 2017
    The global road casualty rate continues to climb as motorisation levels grow and is particularly acute in the developing world. Developing countries suffer from a particularly high rate of crashes and around 90% of road fatalities. The impact, both in economic and human terms, is unsustainable. These countries cannot afford the loss to their economies of the young and economically active.
    Read More
  • The global road safety crisis needs to be addressed
    October 12, 2017
    The global road casualty rate continues to climb as motorisation levels grow and is particularly acute in the developing world. Developing countries suffer from a particularly high rate of crashes and around 90% of road fatalities. The impact, both in economic and human terms, is unsustainable. These countries cannot afford the loss to their economies of the young and economically active.
    Read More

Highlighted Content