NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Thursday, April 14, 2016

According to the World Health Organisation, every dollar spent on treating anxiety and depression produces a fourfold return in better health and ability to work, which is good for the countries’ development and economic growth.

These disorders cost the global economy USD 1 trillion a year, as per a study led by the WHO, which provides a strong argument for greater investment in mental health services in countries of all income levels.

Dr. Margaret Chan, Director-General of the WHO said, “We know that treatment of depression and anxiety makes good sense for health and wellbeing; this new study confirms that it makes sound economic sense too,” adding “We must now find ways to make sure that access to mental health services becomes a reality for all men, women and children, wherever they live.”

Common mental disorders are increasing worldwide. Between 1990 and 2013, the number of people suffering from depression and/or anxiety increased by nearly 50 percent, from 416 million to 615 million. Close to 10 percent of the world’s population is affected and mental disorders account for 30 percent of the global non-fatal disease burden.