Skip to main content

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.

For more information on companies in this article

Related Content

  • Ukraine’s shattered highways
    July 26, 2024
    With no end to its war with Russia in sight, Ukraine is also fighting hard to cope with a growing backlog of major infrastructure projects, especially in terms of rebuilding the country’s roads and bridges. David Arminas reports.
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
  • DUI is a problem for the US
    April 5, 2022
    DUI is a serious road safety problem for the US.