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

  • US road safety is a cause for concern
    September 6, 2021
    There is concern over a worrying trend in US road safety, while there have been steady gains in road safety in Europe
    Read More
  • Study highlights weather effects on traffic
    July 9, 2012
    Extreme weather conditions cost the EU’s transport system at least €15 billion/year. This is the result of a study carried out by the Finnish VTT Technical Research Centre. The study reveals that the greatest costs incurred are from road accidents, with the associated material and psychological effects. Costs arising from accidents are expected to decrease in volume, although time-related costs attributable to delays are projected to increase. In part, this last effect is due to climate change, which has an
    Read More
  • Modern road system is 'a must'
    August 2, 2012
    Australia's GDP could see a major increase if traffic bottlenecks in big cities were to be removed, and the government is addressing this as a matter of urgency A modern road system is a must in Australia where it is estimated that the removal of traffic bottlenecks could potentially raise the country's GDP by 0.8%. According to the Committee for Economic Development of Australia (CEDA), which made the prediction, infrastructure bottlenecks (particularly in cities, which account for over 70% of the country'
    Read More
  • US road safety concern
    June 18, 2021
    There is concern over a worrying trend in US road safety
    Read More

Highlighted Content