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Cost of depression in the workplace across eight diverse countries – collectively US$250 billion

Evans-Lacko, Sara and Knapp, Martin (2016) Cost of depression in the workplace across eight diverse countries – collectively US$250 billion. LSE Health and Social Care (15 Nov 2016). Blog Entry.

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Abstract

Depression is a leading cause of disability worldwide. Previous research has shown that by far the greatest contributor to the overall economic impact of depression is loss in productivity; including both increased absenteeism and presenteeism-related costs in the workplace. However, there is very little research on the costs of depression outside of Western countries and high-income countries. Using data from a survey of 8,000 employees across 8 countries spanning diverse cultures and levels of economic development, we found that workplace depression collectively costs almost US$250 billion. When analysing data from Brazil, Canada, China, Japan, South Korea, Mexico, South Africa and the USA, we found that between 0.1% and 4.9% of a country’s GDP was lost due to absenteeism and presenteeism in the workplace.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/healthandsocialcare/
Additional Information: © 2016 The Authors
Subjects: J Political Science > JK Political institutions (United States)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
R Medicine > R Medicine (General)
R Medicine > RS Pharmacy and materia medica
R Medicine > RZ Other systems of medicine
Sets: Collections > Health and Social Care at LSE Blog
Date Deposited: 16 May 2017 14:22
Last Modified: 26 May 2017 09:12
URI: http://eprints.lse.ac.uk/id/eprint/77281

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