The costs of road injuries in Latin America 2013
Date issued
Oct 2013
Subject
Road and Highway;
Disease;
Road Traffic Injury;
Road Traffic Incident;
Road Traffic Crash;
Road Safety;
Fatal Road Injury
JEL code
R4 - Transportation Economics;
R5 - Regional Government Analysis
Country
Argentina;
Colombia;
Mexico;
Paraguay
Category
Technical Notes
Road traffic injuries are a leading cause of death and disability in Latin America. Nevertheless, road safety continues to rank low in national development priorities in the region. Estimates of the economic costs imposed by road traffic crashes on society can provide policy planners with an important indicator for allocating appropriate investments to road safety. Therefore, IDB conducted a review of methods and best practices reported in the health economics literature for assessing the economic burden of illness and injury.