Table 3

Lost gross domestic product owing to missing workers* aged 45–64 years due to diabetes, 2015–2030 ($A millions)†

2015202020252030
Projected GDP$1 483 861$1 678 852$1 899 467$2 149 073
Lost GDP owing to missing workers due to diabetes†$2062$2472$2715$2902
Potential % gain in total GDP if able to keep missing workers due to diabetes in the labour force0.14%0.15%0.14%0.14%
  • *Missing (or lost) workers per year:

  • Of the 18 100 people out of the labour force due to diabetes in 2015, it is projected 12 800 (70.56%) move into full-time employment and 4800 (26.50%) move into part-time employment. The residual 500 people out of the labour force due to diabetes remain in unemployment.

  • Of the 20 800 people out of the labour force due to diabetes in 2020, it is projected 14 600 (70.31%) move into full-time employment and 5600 (27.14%) move into part-time employment. The residual 600 people out of the labour force due to diabetes remain in unemployment.

  • Of the 21 300 people out of the labour force due to diabetes in 2025, it is projected 15 000 (70.11%) move into full-time employment and 5900 (27.45%) move into part-time employment. The residual 400 people out of the labour force due to diabetes remain in unemployment.

  • Of the 21 400 people out of the labour force due to diabetes in 2030, it is projected 15 000 (70.03%) move into full-time employment and 5900 (27.56%) move into part-time employment. The residual 500 people out of the labour force due to diabetes remain in unemployment.

  • †Impacts on GDP are based on projections of 17 600, 20 200, 20 900 and 20 900 missing workers (full-time or part-time) due to diabetes in 2015, 2020, 2025 and 2030, respectively.

  • GDP, gross domestic product.