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.
Highway & Network Management

For more information on companies in this article

Related Content

  • Average US$3.75mn ‘social cost’ of each New Zealand road death
    January 16, 2014
    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
    Read More
  • Road maintenance crisis hits UK and US, as experts gather in Paris
    January 9, 2015
    The road maintenance crisis in the United Kingdom and the United States is deepening amid estimates that it will take millions of dollars to stop highway infrastructure from crumbling, including falling prey to potholes. A recent report by the BBC in the UK said that at least one municipal council, the city of Leeds, is facing a bill of nearly US$153 million to patch up its potholed roads. In the United States, Senator Bernie Sanders is t
    Read More
  • Simple road safety measures save lives
    February 15, 2012
    Elementary road safety measures quickly pay back the costs of investment and, more importantly, help save lives as Patrick Smith reports. More than 300 people in the UK are alive today or have avoided the prospect of a lifetime of special care because just 15 roads have had simple improvements put in place.
    Read More
  • US capital Washington DC is the country’s congestion capital
    February 5, 2013
    A study by the Texas Transportation Institute has revealed that US capital Washington DC now suffers the heaviest congestion of any city in the country. Los Angeles in California and Houston in Texas have both been regarded as amongst the worst in the US in this regard, suffering long traffic delays due to jams, but the report shows Washington DC to be worse still. The Texas Transportation Institute’s Urban Mobility Report paints a damning portrait of congestion in the US capital. The American Road & Transp
    Read More

Highlighted Content