Male suicide costs the economy $13B a year

Please help Stop Male Suicide by sharing this information with everyone you know:

Facts #2 jpgThe 2010 Breaking The Silence report, estimated the economic cost of suicide in Australia to be over $17 billion.

The Report was funded by a broad range of organisations working in suicide prevention including:

  • Lifeline Australia
  • The Inspire Foundation,
  • OzHelp Foundation
  • Centre for Mental Health Research, ANU
  •  Suicide Prevention Australia
  • The Salvation Army
  • Brain and Mind Research Institute.

In arriving at the $17 billion figure, the report’s authors estimated that the Value of a Statistical Life (VoSL) lost to suicide is $6 million.

This figure is still used in 2016 by leading organisation  in the world of suicide prevention such as the Black Dog Institute.

Using the VoSL figure of $6m we can make estimates about the economic cost of male and female suicide as follows:

Lives Lost Economic Cost
Number of male suicides per year (2015) 2,292 $13.75 billion
Number of female suicides per year (2015) 735 $4.41 billion
Economic impact of closing Gender Suicide Gap (2014) 1,557 $9.34 billion

IF YOU WANT TO LEARN MORE ABOUT MALE SUICIDE, CLICK HERE TO BUY OUR BOOK “YOU CAN STOP MALE SUICIDE” TODAY.

For more facts about male suicide click here

Source: Breaking The Silence report

https://stopmalesuicide.com/book/

Advertisements

One Comment Add yours

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s