The report also suggests that road accidents are the number one cause of death for young people, regardless of the country’s economic status.
According to international figures, 31% of people who die in traffic accidents are teenagers or young adults between the ages of 15 and 29. This means that more than 400,000 young people die on the road. The number exceeds deaths caused by illnesses, suicide, drug abuse, violence or war.
A country’s prosperity is not a big factor that affects road deaths, according to Allianz. The study showed that fatal traffic accidents reached 31.5% in countries with low per capita income, 32% in countries with medium per capita income and 28.5% in rich countries.
Every year, almost 1.3 million men and women are killed in road accidents and more than 50 million injured. For every 100,000 people, 18 lose their lives on the road. Traffic accidents are the ninth cause of death in the world, according to the latest study on road safety by the World Health Organization (WHO).
According to WHO estimates, road accidents will be the number five cause of death by 2030 if nations don’t take serious measures to improve road safety.