Indonesia’s traffic accidents cause near US$18.16bn annual loss

In Indonesia, economic losses due to traffic accidents reportedly add up to around US$18.16 billion (IDR 200 trillion) a year – 2.9% of the nation’s annual gross domestic product. Data from the police showed that a total of some 120,000 traffic accidents were reported in 2012 contributing to a death toll of nearly 30,000 people. The figures were revealed during the 12th Regional Conference of Road Engineering on 22 October 2013 in West Java.
October 31, 2013 Read time: 1 min
In Indonesia, economic losses due to traffic accidents reportedly add up to around US$18.16 billion (IDR 200 trillion) a year – 2.9% of the nation’s annual gross domestic product. Data from the police showed that a total of some 120,000 traffic accidents were reported in 2012 contributing to a death toll of nearly 30,000 people. The figures were revealed during the 12th Regional Conference of Road Engineering on 22 October 2013 in West Java.
Highway & Network Management

Related Content

  • Importance of continued transportation investment
    February 27, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More
  • Importance of continued transportation investment
    May 2, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More
  • JCB’s 2014 results hit by weaker BRIC trading
    May 18, 2015
    UK construction equipment manufacturer JCB reports lower sales than in the previous financial year. Sales turnover slid to €3.46 billion (£2.51 billion) compared with the €3.69 billion (£2.68 billion) achieved in the previous year. The firm recorded machine sales of 64,028 units, compared with 66,227 in 2013. Overall JCB says that despite improvements in some Western markets, falls in other sales territories hit overall business. The company also faced a one off restructuring cost of €15.14 million (£11 mil
    Read More
  • Reduction seen in Czech road crash and fatality rate
    June 19, 2014
    An improvement in road safety has been revealed in the Czech Republic. Data from the Czech Transport Ministry shows that the country’s road death toll dropped by 12% for 2013 compared with the previous year. There were 583 road deaths within 24 hours of road crashes in the country during 2013, with 654 deaths within 30 days of a crash. On average 63 people/million are killed in road crashes in the Czech Republic, which is higher than the EU average of 52 deaths/million of population.. This places the Czech
    Read More

Highlighted Content