Economic
cost of
dementia

2016 - 2056

In the next 40 years it is estimated that 6,564,428 Australians will be diagnosed with dementia.

Right now there are approximately 413,106 Australians living with dementia and 291,163 people providing care either in the community or in cared accommodation.

In 2056, the number of Australians living with dementia is expected to be 1,100,890 and their carers could number 775,959

Affected Australians

Australian map

In 2017

People with dementia 413,106

Number of carers 291,163

Currently around 244 people in Australia are joining the population with dementia every day. By 2056, this could be 653 people each day.

Daily incidents of dementia

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In 2017

In Australia 244

People diagnosed each day

This year, dementia is estimated to cost Australia $14.67 billion.

This is projected to be $36.85 billion a year by 2056.

Costing Australia a massive $1.033 trillion over the next 40 years

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Lifestyle, risk and protective factors for dementia offer very real opportunities for prevention programs that reduce the number of Australians developing dementia each year.

Dementia Freindly Communities

We know that what is good for your heart is also good for your brain. There are things you can do to reduce your risk of dementia.

So step one, look after your heart - treatment of high blood pressure, high cholesterol, diabetes and obesity is necessary for good heart health and is likely also to protect brain health.

Increase physical activity to the nationally recommended 30 minutes a day for adults and eat a healthy Mediterranean-style diet, high in omega 3, polyunsaturated and monounsaturated fats - found in fish and olive oil. Limiting the intake of saturated and trans fats, which are often found in take away and sweets, can also lower the dementia risk.

Mentally challenging your brain by learning new things such as dancing or a second language and remaining socially connected are also good activities to improve overall brain health and reduce the risk of dementia.

And as a community, we must continue to invest in dementia research and dementia risk reduction programs, as well as working to improve the lives of people living with dementia.

A 5% reduction in the annual age-sex specific incidence rates for dementia in people aged 65 years and above would lead to total savings of $120.35 billion by 2056.

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And most importantly a 24% reduction in the number of people with dementia in the population.

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