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Social cost of road crashes

RD068 Social cost of road crashes by severity — 2017 prices (NZD$ billion)

Road crashes impose intangible, financial, and economic costs to society. These costs include:

  • loss of life and reduced quality of life
  • reduced output due to temporary incapacitation
  • medical, legal, and vehicle damage costs.

The average social cost is estimated at NZD$4.916 million per fatal crash, NZD$923,000 per reported serious crash, and NZD$104,000 per reported minor crash. These costs (expressed in 2017 NZD$ and adjusted for underreporting) exclude payments such as taxes or insurance premiums, costs associated with insurance administration, traffic delays due to road crashes, and collateral damage.

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RD069 Social cost of road crashes by region — 2017 prices (NZD$ million)

Due to differences in the amount of travel and many other factors, the number of crashes and their severity differs greatly by region.

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RD070 Social cost of road crashes by territorial authority — 2017 prices (NZD$ million)

Due to differences in the amount of travel and many other factors, the number of crashes and their severity differs greatly by territorial authority. 

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