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

  • Lagos state lights up with Low Energy Designs
    June 27, 2018
    Nigeria’s Lagos state government has outsourced around a third of its street lighting under a deal with UK manufacturer Low Energy Designs. The partnership deal will see LED replace up to 10,000 lights over 300km of state roads within the next year at a cost of US$7 million, Nigeria’s media reported. Products will be from Low Energy Design’s Phoenix Ultra and Norrsken ranges. Included is the deployment of the company’s HESS - hybrid energy storage system – units of which will also be installed across the h
    Read More
  • Advanced Israeli tolled lane opens
    March 5, 2012
    An innovative reserved toll lane concept is helping improve traffic flow in Israeli city Tel Aviv.
    Read More
  • Road repairs needed across the UK
    May 12, 2020
    Road repairs are needed across much of the UK.
    Read More
  • Costa Rica's growing road problem
    February 10, 2012
    Costa Rica's road network requires further investments to prevent it from worsening. According to data from the Ministry of Public Works and Transport (MOPT) some US$200 million/month is required to tackle the issue.
    Read More

Highlighted Content