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

  • Shaanxi and Yunnan invest billions in transport infrastructure during 2014
    January 16, 2014
    Two Chinese provinces are investing a combined US$9.36 billion in transport infrastructure during 2014. Shaanxi province in northwest China plans to invest $5.79 billion (CNY 35 billion), enabling the upgrade of 5,000km of rural roads and the construction of around 1,110km of highway. The authorities will also strive to complete the Xianyang-Xunyi, Luofu-Weizhuang and Jiangzhang-Famensi highways in 2014, which will add about 160km of highway in Shaanxi province. Meanwhile in southwest China, the Yunnan pr
    Read More
  • Paying for the roads we drive
    February 6, 2018
    All around the world, vehicle numbers are growing fast and existing roads are seeing increasing congestion. This rapid increase in vehicle ownership is particularly acute in the developing world. Reductions in actual vehicle purchase costs have resulted in an explosion in vehicle numbers using the roads. In the past, governments were able to fund road expansion programmes from their own sources. The most ambitious of these came when the US Government commenced construction of the Interstate system in 1956,
    Read More
  • The world’s most congested cities ranked
    February 6, 2020
    There is a new ranking for the world’s most traffic-congested cities.
    Read More
  • Carry on Movin’ On - Michelin’s mobility event
    October 15, 2018
    Many of the great and the good in the global mobility sector gathered at this year’s Movin’ On event in Montreal. Measured regulation of technologies and safety issues were major themes, reports David Arminas Autonomous vehicles, platooning, smart intersections and safety – these were the talking points over two and half days of the Movin’ On event in Montreal. Everyone in the mobility sector is at the same point, trying to see what mobility will look like in the future. Apparent at the event was just
    Read More

Highlighted Content