Mental Health Problems Cost Singapore an Estimated S$19.6 Billion in 2025
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Mental health conditions, especially depression and anxiety, are costing Singapore's economy a large amount of money. According to a recent report by Access Partnership, these conditions cost the country an estimated S$19.6 billion in 2025. This is equal to about 2.3 per cent of Singapore's gross domestic product (GDP), which is the total value of all goods and services produced in the economy.
The report focuses on the workforce, which means the people who work in Singapore. Mental health problems can affect how well employees do their jobs. Workers with depression or anxiety may take more sick leave, or they may be less productive when they are at work. Some may leave their jobs altogether. These effects reduce the output of businesses and the wider economy, and they also add pressure on healthcare services.
The findings show that mental health is not only a personal issue but also an economic one. Because the cost is so high, employers, healthcare providers and policymakers all have a role to play. Supporting employees' mental well-being, for example through better workplace policies and easier access to professional help, may help reduce these losses over time. The report highlights that addressing mental health is important for both workers and the country's long-term economic growth.
Sources: Access Partnership
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