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

  • Nepal safety issues
    April 27, 2012
    The authorities in Nepal are establishing a road safety plan that is intended to reduce the country’s annual injury and fatality rates. Nepal’s Traffic Police Directorate recently announced figures showing that of the 8,503 accidents recorded in the 2010-2011 financial year, 4,914 occurred within the Kathmandu Valley. The police also said that factors causing accidents included the poor state of gravel and surfaced roads and inadequate traffic signs. Potholes are a major problem on Nepal’s road system accor
    Read More
  • New Zealand lobbyists want tunnel from Panmure to Auckland
    May 13, 2016
    Lobby group New Zealand Council for Infrastructure Development has released a report assessing Auckland's congestion problem which costs the city about US$1.02 billion a year. The city’s increasing car gridlock will grind the economy to a halt, said Stephen Selwood, the group’s chief executive. However, part of the solution, according to the report, could be a major 11km road tunnel from the Panmure district to Auckland’s central business district. Selwood criticised Auckland city’s transport policy p
    Read More
  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More
  • Managing traffic demand is crucial
    June 25, 2012
    Congestion charging can be an effective measure to aid traffic management in major cities. As vehicle use continues to grow worldwide, and fastest of all in developing nations, the problem of congestion is becoming worse in many cities. The mega cities of the developing world suffer particularly in this regard, with infrastructure unable to cope with current traffic volumes, let alone anticipated vehicle numbers for even the near future.
    Read More

Highlighted Content