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Mental Health: The Magnitude of the Problem

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Poor mental health is a huge cost to businesses and the economy. According to The WHO, the world economy loses about US$1 trillion per year in productivity due to depression and anxiety. That's the equivalent of $130 per person on the planet!

Table 2.1 illustrates the magnitude of diagnosed mental health illness globally. The numbers are so huge that it may be difficult to imagine how this impacts your business. So, to bring it closer to home, imagine a global team of 30 people. Three of your colleagues may currently be suffering some mental health problems. This is likely to rise during the current COVID-19 pandemic. People at work in 2020 have faced unprecedented levels of disruption and change, not only with their own work but with their family situation.

Table 2.1 Global statistics on the scale of mental health illness.

Statistic Source
One in four have suffered mental health illness at some point in their lives The WHO1
One in two American adults are diagnosed with a mental illness at some point in their lives CDC USA2
One in 10 (792 million) people are currently suffering mental health illness IHME3
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