Skip to content
Language
Select
Work injury

Publication

Socio-economic Costs of Accidents at Work and Work Related ill Health

Ribbon

Although the emphasis of the benOSH study lies on company level the literature review first depicts the global burden of accidents at work and work-related ill-health by providing some data and showing the impact on economic growth. Many workers in Europe continue to perceive that their jobs pose a threat to their health or safety. According to a recent Eurostat study (2010) 3.2% of the workforce in the EU-27 reported an accident at work in the past 12 months (data from 2007). This means that approximately 6.9 million workers were confronted with an accident at work. The figures for work-related health problems are even higher. No less than 8.6% of the workers in the EU-27 reported a work-related health problem in the past 12 months (data from 2007). This means that no less than 1 out of 10 European workers is every year affected by an accident at work or a work-related health problem. 

All these cases of accidents at work and work-related ill-health hinder economic growth. If the proportion of people with ill-health increases, economic growth will slow down. A correlation can also be noticed (ILO, 2006) between national competitiveness and the national incidence rates of occupational accidents. Countries with the best records on accidents at work are the most competitive leading to the conclusion that poor working conditions put a heavy burden on the economy. This leads to economic losses. The ILO has estimated that the total costs of accidents at work and work-related ill-health amount to approximately 4 per cent of the world’s GDP (ILO, 2006). According to the European Agency for Safety and Health at Work, the costs to Member States of all work-related accidents and diseases range from 2.6% to 3.8% of GDP (European Agency, 1997)