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Mental illness costs UK £94bn a year, OECD report says
Half of costs to British economy related to lower employment and productivity
Mental ill-health is costing the UK more than £94bn every year, counting treatment, social support costs and the losses to the economy from people who cannot work, according to the OECD. The Organisation for Economic Co-operation and Development’s report shows the whole of Europe is struggling with the burden of mental ill-health, which affects an estimated 84 million people – one in six. The cost to the UK economy is in line with the average for Europe at 4% of GDP. Nearly half the UK costs (£42bn) are indirect costs related to lower employment and productivity. Continue reading... |
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