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

  • The IRF India Regional Conference is seeing its 9th edition this year
    July 7, 2015
    The IRF Geneva said that India has the dubious distinction of claiming the highest number of fatalities by road crashes. More than 10% of road-related deaths occur in India alone, and this poses a serious challenge, being the major killer of young and productive lives. While India’s infrastructure programme is being lauded all over the world and high rate of growth has been achieved for the 1.25 billion strong democracy, a significant 3% of the GDP is lost every year due to the uncontrolled and unmanaged
    Read More
  • New Zealand’s DUI road risk is changing
    June 22, 2018
    A serious problem with driving under the influence is now being seen in New Zealand. For the first time ever, drivers under the influence of drugs have been involved in a greater number of serious crashes than those under the influence of alcohol. As a result, more people were killed as a result of drug use than alcohol use in road crashes in New Zealand during 2017. This worrying fact highlights the problem with illicit drug use in New Zealand. The result of the research into road deaths has been revealed
    Read More
  • Morocco’s urban road safety problem
    September 16, 2015
    Morocco’s road safety problem is increasing, according to the latest official data available. In 2014, the number of road deaths recorded in Moroccan cities increased by 6.25% and hit 1,275. Meanwhile the total number of crashes increased by 3.12% to 51,130. In Casablanca alone there were 212 road deaths. The authorities acknowledge that many of these crashes are the result of drivers ignoring the rules of the road and posted speed limits. Overall however, the number of road deaths declined by 15% in 2014,
    Read More
  • Storstrom Bridge to be Denmark’s third longest
    March 8, 2018
    Form and functionality come together in Denmark’s latest Storstrom Bridge design. David Arminas reports. An Italian joint venture recently won the construction contract for what will be one of Denmark’s longest bridges, the replacement 4km-long road and rail Storstrom Bridge. The Danish Road Directorate - Vejdirektoratet - awarded the work to a joint venture of Condotte and Grandi Lavori Fincosit along with bridge design consultant Seteco Ingegneria as a subcontractor. Estimated cost is around €550 milli
    Read More

Highlighted Content