the impact of
alcohol on the economy
The financial cost of alcohol harm to drinkers in Australia is estimated to be $15.3 billion. It is a cruel twist of fate that the Australian economy gains such a large contribution from something that is so detrimental to society.
On the other hand, The Range and Magnitude of Alcohol’s Harm to Others found that the total cost of alcohol-related harms to someone other than the drinker was $20 billion. This would actually bring the total cost of drinking in Australia to $36 billion. While it is difficult to put a price on the harm done to individuals, families, and communities, this proves it to be an issue that needs addressing.
Hover over the boxes below to see the associated cost.
$6.39b
Diminished quality of life
$9.3B
Cost of time lost or spent
$4.62B
Loss of life
$3.95B
Labour
$2.58B
Out of pocket
expenses
$2.46B
Road accidents
$2.21B
Health care
$1.89B
Resources used in risky
consumption
$1.59B
Crime
$670m
Child
protection
$396m
Pain and suffering
$36.1B
Total Cost