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

  • Counting the high cost of road crashes for Australia
    September 15, 2017
    Australia pays a heavy penalty for road crashes, according to a report by the Australian Automobile Association (AAA). In addition to the personal tragedy involved, road crashes cost Australia’s economy a loss of US$23.93 billion (A$29.7 billion) in 2015 according to the AAA. The number of road crashes in Australia climbed 4% between 2006 and 2015 and reached 679,359. However road fatalities dropped by around 25% to 1,205 between 2006 and 2015.
    Read More
  • Crossing the Alps for five decades
    March 24, 2020
    Italy’s A22 Autostrada route is a key transport connection for Europe and also a model for efficient operational management
    Read More
  • Fuel saving innovations
    April 19, 2012
    Up to a third of fuel consumption in cars is is spent in overcoming friction. However, both fuel consumption and emissions can be reduced by the use of new technology. This news comes from a joint study by the VTT Technical Research Centre of Finland and the Argonne National Laboratory (ANL) in USA. Innovative new technology can reduce friction by anything from 10-80% in various components of a car according to the study. And it should be possible to reduce car fuel consumption and emissions by 18% withi
    Read More
  • Bangladesh: Cost of Padma Bridge project rises
    January 11, 2016
    The cost of building the Padma Bridge in Bangladesh will be nearly three times the US$2.61 billion estimated in 2011. Also on the rise is the cost of flood prevention work in the form of levee construction – called river training in Bangladesh. The addition of 1.3km of work at the Mawa end of the bridge means the total cost is now $1.2 billion, up from $1.1 billion. Apart from $200 from the $1 billion loan from India the project is not using any foreign financing, according to a report in the Daily S
    Read More

Highlighted Content