Calculation of Costs Related to Death by Suicide in Finland

Pia Solin (), Nina Tamminen, Anna Seppänen and Timo Partonen
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Pia Solin: Finnish Institute for Health and Welfare, 00271 Helsinki, Finland
Nina Tamminen: Finnish Institute for Health and Welfare, 00271 Helsinki, Finland
Anna Seppänen: Finnish Institute for Health and Welfare, 00271 Helsinki, Finland
Timo Partonen: Finnish Institute for Health and Welfare, 00271 Helsinki, Finland

Social Sciences, 2022, vol. 11, issue 10, 1-12

Abstract: There are relatively few calculations of the costs related to suicides. The aim was to produce a monetary estimate of the costs incurred as a result of suicides. The costs were divided into three categories: (1) loss of labor input, (2) costs directly following a suicide, and (3) costs associated with family members. In our two sample cases, the costs related to suicides were from EUR 309,020 to EUR 456,279. By putting the monetary costs of suicide prevention intervention and the calculation of costs related to a death by suicide side by side, this study may help when allocating funding for effective intervention.

Keywords: suicide; death; suicide prevention; cost; monetary estimate of suicide (search for similar items in EconPapers)
JEL-codes: A B N P Y80 Z00 (search for similar items in EconPapers)
Date: 2022
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