An economic perspective on suicide across the five continents

In considering suicide prevention measures, it is important to consider potential economic risk factors, and the costs and consequences of suicide. We provide an overview of some areas where economics has played a role in the analysis of suicide and prevention strategies. Evidence on the wide-ranging socioeconomic costs and consequences of suicide is provided, including a reflection on the development of economic theories on individual motivations for suicide. Evidence from econometric models at cross-country and single country levels on the links between suicide and socioeconomic risk factors is reviewed. Cost-effectiveness is used as part of decision-making processes in health and other sectors. In respect to suicide prevention there is growing evidence of cost-effective measures. Incorporating economic analyses into future effectiveness studies is likely to help strengthen the case for investment in suicide prevention. There is also scope to look at the economic implications of interventions already shown to be effective.