Skip to main content

Congestion costs Israel's economy

Traffic jams in Israel cost the country's economy US$5.57 billion/year, according to official estimates.
February 28, 2012 Read time: 1 min
Traffic jams in Israel cost the country's economy US$5.57 billion/year, according to official estimates. Tel Aviv's congestion is particularly bad and the authorities predict that by 2015, vehicles in the city may have average speeds of just 7km/h. However around 27% of the financial impact to Israel's economy is due to congestion in the Sharon area, with 18% attributed to Tel Aviv.

A further 23% of the economic impact relates to traffic problems in the suburbs of Bat Yam, Holon and Rishon Letzion. The data shows that Israel's roads are used predominantly by passenger cars at some 79% of the country's 2.5 million motor vehicles. The data has been released by the 3324 Israel Ministry of Finance.

For more information on companies in this article

Related Content

  • Road tender process opening in Israel
    April 24, 2012
    The Israel National Roads Company has published the tender documents for the upgrading of road No 4 between Ashdod port and the Greater Tel Aviv region. The project involved widening the road by adding a third lane in both directions between Ashdod and Rishon LeZion.
  • New fuel economy targets could cut motoring costs in Europe
    May 18, 2012
    Europe’s drivers will be able to save enormous sums of money if ambitious fuel economy targets are introduced by the EU this July. This claim has been made by a former UK Environment Agency chief, Malcolm Fergusson. His study predicts that annual fuel costs for Europe’s drivers could fall by about 23% by 2020 if the currently expected EU fuel efficiency target of 95grammes of CO2 emissions/km for new cars and 147grammes/km for vans is confirmed by the European Commission in July, as expected. If the target
  • Israel's new tunnel project
    April 20, 2012
    The Israel National Roads Company is opening the tender process for the project to drive new tunnels on Road no 1.
  • The cost of crashes in the US
    May 25, 2023
    The financial cost of road crashes in the US places a heavy burden