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

  • IRF Presents 2017 Road Safety Award
    August 1, 2017
    The International Road Federation has given its prestigious annual road safety accolade — known as the ‘Find A Way Award’ — to the Korea Ministry of Land, Infrastructure and Transport. The Find a Way Award was instituted as part of the United Nations Decade of Action for Road Safety by IRF chairman Eng Abdullah Al-Mogbel in recognition of the value of political leadership in driving road traffic injury reduction strategies. Every year, the Award distinguishes outstanding personal commitment to safer roads b
    Read More
  • Canterbury, New Zealand’s US$6.62 billion transport plan
    May 7, 2024
    Canterbury, New Zealand sets out a US$6.62 billion transport plan.
    Read More
  • Greece’s road safety problem from single vehicle crashes
    May 31, 2017
    Single vehicle crashes are a serious problem in Greece. The country has the highest rate of deaths in the European Union from single-vehicle crashes (SVC) involving just one vehicle.
    Read More
  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More

Highlighted Content