How depression and anxiety are costing Singapore S$15.6 bil a year FMTNews FMTLifestyle
The economic burden of lost productivity owing to depression and anxiety in the republic is to be close to 3% of its GDP.
As such, mental health requires particular attention from all nations, whether in terms of prevention, information, treatment or even access to care. Beyond the public health issue, countries must also take into account the economic burden that such disorders can represent. After determining the proportion of anxiety and depressive disorders in the population, the scientists identified the consequences of such problems, particularly in terms of health expenses and work productivity.
At the same time, the study revealed that people affected by these disorders missed 17.7 more days of work per year and were 40% less productive at work. This data allowed the researchers to estimate the cost of this lost productivity due to anxiety and depression at S$15.7 billion.
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