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

  • VW to offer fuel sipping city car
    March 5, 2012
    The Volkswagen group has now committed itself to putting its innovative XL1 vehicle into series production.
    Read More
  • Road safety improvement for the US
    December 11, 2012
    The US is seeing improvements in road safety overall, with a drop in road crash statistics for 2011. The data for 2011 is encouraging and the US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) has released a new analysis indicating that highway deaths fell to 32,367 in 2011. This marked the lowest level of road related fatalities since 1949, 1.9% decrease from the previous year. Furthermore, this updated 2011 data show the historic downward trend in recent years continu
    Read More
  • Could the US Interstates be reconstructed using with toll finance?
    November 13, 2013
    The US Interstate network needs serious investment, and tolling could provide the answer - *Bob Poole writes Could the ageing US Interstate highway system be rebuilt and modernised using toll finance? What kind of toll rates would this require? How feasible would doing this be? In September the Reason Foundation released a study on this issue. The study showed that it may be feasible to finance the reconstruction and selective widening of nearly the entire Interstate system using moderate toll rates collect
    Read More
  • Road and tunnel project eases Stockholm congestion
    February 23, 2012
    Part of the E20 European highway, the Norra länken aims to make a valuable contribution to easing congestion in central Stockholm. The construction of Norra länken is one of the biggest and most important road and tunnel projects being undertaken in Sweden, certainly in terms of scope and budget. It will be a link in the peripheral route around the Stockholm inner city area and be part of the E20 European Highway.
    Read More

Highlighted Content