Average US$3.75mn ‘social cost’ of each New Zealand road death

The average social cost of each New Zealand road accident death is $3.75 million (NZD 4.54 million), according to an estimation by the New Zealand ministry of transport (MOT) The New Zealand MOT also estimates that the average cost of serious injuries due to road accidents is $392,989 (NZD 473,600) per person. The social costs include financial and non-financial costs of accidents such as property damage, medical and legal expenses as well as loss of quality of life. The number of road accidents in New Ze
January 16, 2014 Read time: 1 min
The average social cost of each New Zealand road accident death is US$3.75 million (NZD 4.54 million), according to an estimation by the New Zealand ministry of transport (MOT).

The New Zealand MOT also estimates that the average cost of serious injuries due to road accidents is $392,989 (NZD 473,600) per person. The social costs include financial and non-financial costs of accidents such as property damage, medical and legal expenses as well as loss of quality of life.

The number of road accidents in New Zealand has declined from 308 in 2012 to 254 in 2013. It is estimated that one person died every 28 hours in a New Zealand road accident in 2012, with total social costs of road accidents during that year reaching $3.18 billion (NZD 3.84 billion).
Highway & Network Management

Related Content

  • Tackling Florida’s highway congestion
    August 5, 2016
    Congestion is a major problem in certain areas of US state Florida. Large number of commuters and tourists means that central Florida’s Interstate 4 (I-4) highway suffers particularly from congestion. Its proximity to Disneyland means that the traffic often comes to a complete standstill. A 2012 report from the Texas Transportation Institute ranked Orlando 13th in the US for traffic congestion, with more than 1.5 million daily trips on I-4. The report estimates that each frustrated commuter wastes about 45
    Read More
  • Tackling Florida highway congestion
    October 4, 2016
    Congestion is a major problem in certain areas of US state Florida. Large number of commuters and tourists means that central Florida’s Interstate 4 (I-4) highway suffers particularly from congestion. Its proximity to Disneyland means that the traffic often comes to a complete standstill.
    Read More
  • Road safety concerns for France and Portugal following increased crashes
    August 18, 2015
    There is concern in France and Portugal following the publication of data showing increases in road deaths. Both countries have been highly effective in recent years in reducing road deaths and injuries following campaigns to crack down on speeding and drink driving. The recent increases in deaths and injuries from road crashes have been of major concern as a result.
    Read More
  • Road safety concern for France, Germany and UK
    December 3, 2014
    Preliminary figures for deaths and serious injuries suggest a worrying increase in casualty rates for the EU’s three largest countries. The data suggests that France, Germany and the UK may well see an increase in road deaths, ending 10 years of progress in steadily reducing casualty rates. According to early data from the UK Government, there has been a 3% increase in people killed and a 4% increase in people killed and seriously injured (KSI) during the year ending in June 2014. This comes on top of a 1.7
    Read More

Highlighted Content