Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Traffic Injuries Cost 2.1% GDP Annually – World Bank

Robert Taliercio, with participants in a group photo The World Bank has revealed that traffic injuries cost an estimated 2.1 percent of GDP annually with rural major roads showing Read More... The post Traffic Injuries Cost 2.1% GDP Annually – World Bank appeared first on DailyGuide Network .

The World Bank's 10th Ghana Economic Update report, published in August 2026, has revealed that traffic injuries cost an estimated 2.1 percent of GDP annually in Ghana. The report highlights that crash hotspots are concentrated on 2.65 percent of urban roads and 4.37 percent of rural roads, with rural major roads showing a persistent risk.

The World Bank urges the government to prioritize road safety as a macroeconomic and fiscal priority, given the significant economic and development consequences of traffic injuries. The report also emphasizes the need for urgent interventions to reduce fatalities and associated costs, noting that the transport sector accounts for 12.3 percent of services GDP and recorded real growth of 7.5 percent in 2024 and 8.7 percent in 2025.

Brief written by urgent.news from Daily Guide Network's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at dailyguidenetwork.com →

More in Finance & Markets

More from Thursday 27 August →