Vitality and RAND Europe produced a worldwide research on economic impact of physical inactivity, embellishing an illustration of significant influence on economic growth, and the regular exercise of workforce productivity; life expectancy. According to the study, economic growth has increased physical activity globally, and in other 23 countries.
This result shows that if adults ages 18-64 manifest 15 minutes more a day of walking would help them physically, but also grow the world economy estimated to be $100bn a year until 2050. Additionally, employees would receive 5 additional days of productive time each year allowing the global economy to grow dramatically to an estimated $220bn; this will happen if the physically inactive reach the World Health Organization’s level of exercise recommended then employees would gain benefits along with the world economy. Vitality suggests that life expectancy would increase up to 2.5 years, on average, for a person aged 40 years old.
Furthermore, trying to get inactive people to be active can be tricky but possible, if active people increased their activity levels by 20% then the global economy would benefit considerably by gaining $360bn every year which is identical to Singapore’s economy. The US economy would receive $95bn each year until 2050; also £8.5bn a year for the UK economy. However, economic gains could be due to the reduction of premature deaths in the working age population, improved rates of sick leave along with enhanced levels of workplace productivity related to consistent exercise.
About Stuart Mosley
Stuart Mosley (CeFA, CeMap, CLTM) founded SJ Financial Solutions in June 2005 having spent 12 years with big corporates such as Halifax and Santander. He felt the personal touch and straight speaking was missing from financial and mortgage advice services and set up SJ Financial Solutions to change this.
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