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

  • Pothole damage to be repaired
    February 21, 2012
    Councils in England will be given more than £100 million (€e117 million) of extra funding to spend on repairing potholes, Transport Secretary Philip Hammond has said.
    Read More
  • CEA conference 2018 – focusing on technology solutions
    May 2, 2018
    New technology and reduced machine emissions were amongst the key topics at the CEA conference in London - Mike Woof writes. Construction machine manufacturers are going to have to find new solutions if targets on emissions controls are going to be met. This is a clear viewpoint for the industry. But as the speakers at the recent CEA conference in London showed, there are differing opinions on how that will be achieved and what technical solutions will come to the fore. Duncan Riding, business development
    Read More
  • INRIX redefines Traffic Data Analysis
    October 26, 2016
    INRIX, a global developer of car services and movement analytics, has launched INRIX Roadway Analytics, a set of on-demand tools to be available in Europe and the Middle East this autumn. It enables instant analysis of INRIX XD Traffic information via the cloud. The cost of infrastructure congestion is estimated at 1% of GDP across Europe. At the same time, research suggests that up to US$400 billion could be saved globally each year as a result of improving existing infrastructure through better managem
    Read More
  • US sees decline in construction machine exports
    December 4, 2015
    Exports of US construction equipment are still in decline according to the latest Association of Equipment Manufacturers (AEM) market update. The AEM report shows that exports of US-made construction equipment dropped 17.6% for the first three quarters of 2015 compared to January-September 2014, for a total $10.8 billion shipped worldwide.
    Read More

Highlighted Content