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

  • US$1 billion to improve US road safety
    September 26, 2024
    A budget of US$1 billion will help to improve US road safety.
    Read More
  • DUI strategies around the world
    December 11, 2017
    New strategies in several developed countries are being introduced in strategies to try to reduce the incidences of driving under the influence. The Pan-European police group, Tispol, reports that In the Netherlands, officers will commence road-side saliva tests to catch drug driving offenders. Early results since the programme launched in July have been described as ‘the tip of the iceberg’. Like other countries, the Netherlands already had laws against drug driving, but enforcement was based on
    Read More
  • Ukraine’s shattered highways
    July 26, 2024
    With no end to its war with Russia in sight, Ukraine is also fighting hard to cope with a growing backlog of major infrastructure projects, especially in terms of rebuilding the country’s roads and bridges. David Arminas reports.
    Read More
  • Data shows young people face highest road fatality risk
    May 18, 2012
    The latest official data from the European Transport SafetyCommission (ETSC) shows that young people are amongst those facing the highest fatality risks while on the road in Europe. Some 140,000 young people aged 15-30 have lost their lives on Europe’s roads since 2001. Of these, 9,150 died in 2010. While this age group represents 20% of the population of the EU, the same group accounts for 30% of the total number of road deaths.
    Read More

Highlighted Content