News

Road Accidents Cost Egypt EGP 30.5 Billion in 2015: CAPMAS

Road Accidents Cost Egypt EGP 30.5 Billion in 2015: CAPMAS

Relatives of students and members of the public look at the wreckage of a school bus after it crashed in Damanhur November 5, 2014. Credit: Reuters
Relatives of students and members of the public look at the wreckage of a school bus after it crashed in Damanhur November 5, 2014. Credit: Reuters

Traffic accidents in Egypt create an enormous economic toll as the price tag for the crashes stood at EGP 30.5 billion in 2015, the state-run Central Agency for Public Mobilization and Statistics said on Monday.

The statistics agency said that accidents in 2015 led to the death and injury of around 25,500 persons, marking a drop of 16 percent from the previous year.

The total number of car accidents in Egypt also dropped by 1 percent from the past year, totaling to more than 14,500 accidents in 2015.

A total of 64 percent of car accidents were caused by humans, with the car conditions ranking second on 21.9 in the reasons behind road accidents in 2015, CAPMAS added.

The economic cost of accidents in Egypt in the past year stood at EGP 30.2 billion, with expectations to reach EGP 31 billion in the year 2020.

Egypt, infamous for poor road safety and a high number of travel accidents, has one of the highest records of car accidents in the world and a poor transportation safety history in general.

According to 2014 statistics released by the World Bank, the country’s infamous traffic conditions cost the economy EGP 47 billion annually, with that number projected to rise to EGP 105 billion by 2030.

The study revealed that almost four percent of Egypt’s GDP is lost due to traffic congestion which takes into account the cost of time wasted (50 percent), delay expenses (31 percent), and health costs (19 percent).

This content is from Aswat Masriya, edited by Egyptian Streets

Russia to Send Trial Flight to Egypt to Assess Security Measures, Possibility of Resuming Flights
Egypt to Receive $451 Million Loan From Japan to Fund Grand Egyptian Museum

Subscribe to our newsletter


News
@AswatMasriya_En

Aswat Masriya is a Thomson Reuters Foundation-sponsored website that covers Egypt's transition to democracy. en.aswatmasriya.com

More in News

Egypt Constructs World’s Largest Solar Park

Egyptian StreetsFebruary 24, 2018

Tourists Gather to Watch Alignment of the Sun on Ramses II Statue in Aswan

Egyptian StreetsFebruary 22, 2018

Egyptian Female Wins Her Case Against a Harasser in Determination to Fight Sexual Harassment

Egyptian StreetsFebruary 22, 2018

Egypt has ‘Nothing to Hide’: Al-Sisi Comments on the $US 15 Billion Natural Gas Deal with Israel

Egyptian StreetsFebruary 22, 2018

New Zoo Established in Cairo’s International Garden in Attempt to Expand Egypt’s Green Spaces

Egyptian StreetsFebruary 21, 2018

Saudi Women to Own Businesses Without Male Consent Following a Royal Decree Allowing Women to Drive

Egyptian StreetsFebruary 21, 2018

Israel Signs $US 15 Billion Deal to Export Natural Gas to Egypt

Egyptian StreetsFebruary 20, 2018

Egyptian Court Adds Former Presidential Candidate Abdel Monem Aboul Fotouh to Terror List

Egyptian StreetsFebruary 20, 2018
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 Egyptian Streets. All Rights Reserved.