To design effective policies and allocate resources efficiently, it is essential to understand not only the human toll but also the economic cost of road traffic fatalities. One widely used approach for this purpose is the Value of a Statistical Life (VSL) – an estimate of the monetary value that society places on reducing the risk of death.

This report presents Value of a Statistical Life (VSL) estimates for four Eastern Partnership (EaP) countries – Armenia, Azerbaijan, Moldova, and Ukraine – derived using a value transfer methodology. This approach adapts existing VSL estimates from low and middle-income countries to national contexts by adjusting for differences in income levels.