Top 10 countries with the highest depression rates in 2024
In the last few years of the global economic downturn, depression has become a significant health issue that affects millions of people worldwide.
The World Health Organisation (WHO) estimates that over 280 million people globally suffer from depression. Additionally, women are more likely to be affected than men.
Emergen Research reports that the global anxiety and depression treatment market, valued at $12.06 billion in 2019, is expected to grow at a compounded annual growth rate of 3.9% and reach $16 billion by 2027.
With the estimated increase in the annual revenue of the treatment industry, several countries are already reflecting the numbers through the current depression rates they are dealing with.
Here are 10 places in the world with the highest depression rates:
Greenland - 6.61%
Greece - 6.52%
Spain - 6.04%
Portugal - 5.88%
Palestine - 5.75%
Tunisia - 5.75%
Bahrain - 5.52%
Morocco - 5.49%
Iran - 5.48%
Lithuania - 5.42%