The World Bank Group is hosting this virtual event on Wednesday, December 11, 2024 at 10:30 EST. Registration information is below.
Join us for the next event in our Ask WB Caribbean series, as we discuss the economic impact of Non-Communicable Diseases on the Caribbean and what immediate and long- term steps can be taken to protect our economies.
Non-communicable diseases (NCDs) are a major health and economic challenge in the Caribbean, mirroring the global trend where these diseases are at the forefront of a public health crisis. In the Caribbean, over 75 percent of deaths were attributed to conditions such as cardiovascular diseases, cancer, and diabetes in 2016; underscoring the critical nature of the challenge the region faces.
This situation is further compounded by the economic impact which extends to direct healthcare expenses, households, healthcare systems, and the broader economies of these small states. In Jamaica, it is estimated that between 2017-2032 potential savings of JMD 81.3 billion (about USD 640 million) in direct and indirect costs related to mortality and morbidity from non-communicable disease could be gained.
Barbados’ struggle with non-communicable diseases parallels that of Jamaica, where cardiovascular diseases and diabetes not only impact citizens’ health, but also leave a substantial economic burden. The fiscal losses are estimated to be BBD 145 million per year.
In response to the escalating non-communicable diseases epidemic, recent assessments conducted in Eastern Caribbean States, including Dominica, Grenada, and Saint Lucia, offer valuable insights for effective non-communicable diseases care improvements.
Source: World Bank Group