Mental health problems are associated with large direct costs for individuals and society, such as the provision of health and social care, and indirect costs including lost employment.
- In 2015, common mental health problems (e.g. anxiety, depression and stress) and more serious mental health problems were the third most important cause of sick leave. In 2015, mental-health-related issues were found to lead to approximately 17.6 million days’ sick leave, or 12.7% of the total sick days taken in the UK.1
- Research carried out by Oxford Economics suggests that 181,600 people cannot join the labour force because of their mental health problems.2
- According to calculations by Oxford Economics, it is estimated that the UK GDP in 2015 could have been over £25 billion higher than what it was if not for the economic consequences of mental health problems to both individuals and businesses. This value is a total of 1.3% higher than what it was.3
- It has been estimated that the cost to UK GDP of workers either leaving the workforce entirely, or going part time in order to care for someone with a mental health problem, was £5.4 billion in 2015, with over 91% of this amount being due to those leaving the labour force entirely.4
1 ONS. (2016). UK Labour Market: July 2016. Retrieved from ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2016 [Accessed 08/09/16].
2 Oxford Economics. (2016). The economic importance of safeguarding mental health in the workplace. Personal communication
4 ONS. (2016). UK Labour Market: July 2016. Retrieved from ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/july2016 [Accessed 08/09/16].