Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 Most Depressed Countries in Asia

In this article, we will be taking a look at the 20 most depressed countries in Asia. If you do not want to learn about the Asian depression market, head straight to the 5 Most Depressed Countries in Asia.

Overview of the Global and Asian Depression Market 

The global depression market is a significant sector within the broader behavioral health market, with a substantial economic impact and a growing prevalence of mental health disorders worldwide. According to recent studies and market forecasts, the depression treatment market is expanding steadily, driven by various factors such as demographic changes, environmental conditions, and increasing mental stress leading to rising mental health disorders. The global depression treatment market was worth US$ 9.7 billion in 2021 and is projected to exceed US$ 16.8 billion by 2032, with a compound annual growth rate (CAGR) of 5.2%. Major depressive disorder (MDD) is a leading cause of disability globally, affecting over 300 million people, equivalent to 4.4% of the world’s population. Pandemic-era stressors have further increased rates of depression and anxiety by up to 25%. 

Globally, depressive disorders are one of the most common forms of mental illness, with a significant burden on public health and well-being. In South Asia alone, the age-standardized prevalence of depressive disorders ranged from 3.0% to 4.4% in countries like India, Bangladesh, Pakistan, Nepal, and Bhutan in 2016. Depressive disorders accounted for approximately 9.8 million disability-adjusted life years (DALYs) in South Asia in 2016. 

Turning focus specifically to Asia, the Depressive Disorders market is expected to grow by 1.36% (2024-2028), reaching a market volume of €5.90 billion in 2028. In Southeast Asia, the Depressive Disorders market is projected to grow by 0.89% (2024-2028), resulting in a market volume of US$0.86 billion in 2028. Drugs are the leading segment in the depression treatment market, accounting for over 99.4% of the demand share in 2021 globally. 

Navigating Mental Health Challenges and Treatment Innovations 

In the landscape of mental health, the United States grapples with significant challenges, with a major depressive disorder affecting an estimated 6.7% of adults annually, while Post-traumatic Stress Disorder (PTSD) impacts around 7.7 million individuals each year. This prevalence underscores the growing emphasis on early diagnosis and intervention, driving demand for innovative antidepressant drugs within the U.S. market. 

Surprisingly, the Electroconvulsive Therapy (ECT) market emerges as one of the fastest-growing treatments for depression, expected to more than double by 2030, driven by a response rate of up to 90% in cases of Major Depressive Disorder (MDD).   

Antidepressant utilization in the United States has surged, with 13.2% of adults reported as users, primarily among women. Leading prescribed medications such as Sertraline (Zoloft), Trazodone, Fluoxetine, and Bupropion address not only depression but also conditions like OCD, social anxiety, panic disorder, GAD, and PTSD, targeting neurotransmitter activity in the brain. Despite concerns, antidepressants remain pivotal in addressing mental health issues and promoting individual well-being. 

COMPASS Pathways plc (NASDAQ:CMPS) leads the charge in revolutionizing mental health care with its focus on psychedelic medicine, notably psilocybin therapy, aimed at treating treatment-resistant depression (TRD). Their proprietary synthetic psilocybin, COMP360, has earned FDA breakthrough therapy designation for TRD, following successful clinical trials. Emphasizing evidence-based innovation, patient-centric care, and global expansion, COMPASS Pathways plc (NASDAQ:CMPS) is poised to launch the first-ever Phase 3 program for psilocybin therapy by the end of 2022. Financially robust, with a reported cash position of $220.2 million as of December 31, 2023, COMPASS Pathways plc (NASDAQ:CMPS) anticipates continued growth, with sufficient funds to cover expenses until late 2025. 

Teladoc Health, Inc. (NYSE:TDOC) revolutionizes mental healthcare through virtual solutions, offering easy access to licensed counselors and therapists for diagnosing and managing conditions like stress, anxiety, and depression. Their evidence-based programs, rooted in cognitive behavioral therapy (CBT) and dialectical behavior therapy (DBT), provide personalized care plans tailored to individual needs. Teladoc’s commitment to whole-person care ensures ongoing support, fostering positive outcomes and improved overall health. Anticipating continued growth, Teladoc Health, Inc. (NYSE:TDOC) remains dedicated to delivering high-quality care experiences globally, with impressive member satisfaction rates and a focus on improving mental health outcomes. In Q4 2023, Teladoc Health, Inc. (NYSE:TDOC) saw a 4% revenue increase to $660.5 million, with a net loss of $28.9 million. Adjusted EBITDA increased by 22%, reaching a record high, and operating cash flow for the year was $350.0 million, demonstrating financial strength and stability. 

Our Methodology 

For our methodology, we have ranked the most depressed countries in Asia based on total depression cases in these countries divided by their respective population sizes (Depression cases per capita). For the accuracy of data, we relied on WHO. Please bear in mind that we focused on absolute depression in these countries, and some countries, due to their large population sizes would naturally have high total cases of depression for this reason.

Here is our list of the 20 most depressed countries in Asia. 

20. Afghanistan 

Depression Cases per Capita: 0.024

Afghanistan grapples with a profound mental health crisis driven by decades of conflict, political instability, poverty, and social challenges. Studies reveal alarming rates of psychiatric problems, with approximately 29% of adolescents and 47% of women affected by conditions such as PTSD, depression, and anxiety. Women, in particular, face heightened vulnerability due to factors like gender-based violence and limited access to resources.  

19. Egypt 

Total Depression Cases per Capita: 0.026

Egypt faces high rates of depression and anxiety among its population. Approximately 25% of Egyptians suffer from mental health issues, with depression affecting around 31% of individuals with mental health conditions. A study of high school students revealed that 20%-30% experienced mental health problems. Psychological distress is prevalent, with 64.7% reported. Females are more likely to experience depression, and young adults and adolescents are particularly vulnerable.   

18. Iraq 

Total Depression Cases per Capita: 0.027

Iraq faces significant challenges in mental health, with a notable prevalence of mental health issues and depression among its population. Studies estimate a lifetime prevalence of any disorder at 18.8% and a twelve-month prevalence of 13.6%. Access to treatment is low, with only 6.12% having access. Cohort analysis shows increasing lifetime prevalence across generations, with the youngest age group (18-34) experiencing higher rates. The Mental Health market in Iraq is projected to decline by -2.44% (2024-2028), with a market volume of US$66.36 million in 2028.  

17. Philippines 

Total Depression Cases per Capita: 0.027

In the Philippines depression affects a notable portion of the population, placing Philippines among the most depressed countries in Asia. The prevalence of mental disorders ranges from 11.3% to 11.6%, with depression cases totaling about 3.29 million. Suicide rates, especially among young people, have been increasing, with approximately 17% of individuals aged 13-15 attempting suicide. Children aged 5 to 15 face significant mental health challenges, affecting around 10% to 15% of them.  

16. Pakistan 

Total Depression Cases per Capita: 0.030

Pakistan confronts a mental health crisis, with a scarcity of mental health professionals. An estimated 24 million Pakistanis require psychiatric assistance, but the country has only 0.19 psychiatrists per 100,000 people, one of the lowest globally. Depression prevalence ranges from 22% to 60%, particularly high in urban areas like Karachi, where it averages around 47%. Pakistan faces a massive treatment gap, leaving over 90% of individuals with common mental disorders untreated due to stigma, limited resources, and lack of education. 

15. Malaysia 

Total Depression Cases per Capita: 0.032

Malaysia faces notable surge in depression, exacerbated by the COVID-19 pandemic. Studies reveal widespread prevalence of depression, anxiety, and stress among its population, ranging from 14% to 81.7% for depression, 8.0% to 81.7% for anxiety, and 0.9% to 56.5% for stress. Over the past decade, depression rates have increased from 1.8% to 2.3%, with females showing higher rates than males (29.5% vs. 12.4%). Students, in particular, are significantly affected, with 26.5% experiencing depression.  

14. Indonesia 

Total Depression Cases per Capita: 0.032

Indonesia faces significant challenges with stress and depression. The first National Adolescent Mental Health Survey found that one in three Indonesian adolescents experienced a mental health problem in the past year, with one in twenty having a diagnosed mental disorder. Despite increased access to health facilities, only 2.6% of adolescents with mental health issues sought professional help within the past year. 

13. Uzbekistan 

Total Depression Cases per Capita: 0.033

Uzbekistan faces high rates of depression, making Uzbekistan stand among the most depressed countries in Asia. A UNICEF study highlighted that 15.4% of students experienced moderate to severe anxiety, with 9.8% facing similar levels of depression, with girls slightly more affected. In 2020, the government allocated US$84.6 million (UZD 820 496 million ) towards mental health services, with indirect economic losses in 2019 amounting to US$359 million. 

12. Myanmar 

Total Depression Cases per Capita: 0.034

Myanmar confronts substantial mental health challenges, notably heightened after the 2021 military coup. Post-coup surveys show exceptionally high rates of probable depression (61.39%) and anxiety (58.02%) among adults. Among adolescents, depression prevalence stands at 27.2%, with 9.4% reporting suicidal ideation according to a 2016 survey. The economic fallout from the coup, with an 18% contraction in the economy, exacerbates mental health challenges.   

11. Vietnam 

Total Depression Cases per Capita: 0.035

In Vietnam, around 14 million people are affected by mental disorders. Limited resources exacerbate the issue, with only 143 clinical psychologists available and no coverage for clinical psychology services under health insurance. During the COVID-19 pandemic, approximately 14.636% of Vietnamese individuals experienced depression, highlighting the impact of external stressors. A survey reported depression and anxiety prevalence among the general population at 2.8% and 2.6%, respectively. 

10. Saudi Arabia 

Total Depression Cases per Capita: 0.036

In Saudi Arabia, a considerable portion of the population is affected by depression, making Saudi Arabia stand among the top most depressed countries in Asia. Studies suggest that approximately 28.5% to 46% of Saudis have untreated mental disorders, with females forming a notable portion. Psychiatric disorders’ prevalence at primary healthcare institutions ranges from 30-46%. Efforts to address these challenges include initiatives like the Saudi Arabian Mental and Social Health Atlas (SAMSHA) and the Saudi National Mental Health Survey (SNMHS).  

9. South Korea 

Total Depression Cases per Capita: 0.036

South Korea faces high rates of depression, affecting around 25% of adults during their lifetime, with a 12-month prevalence rate of 8.5% for any mental disorder. Prevalence rates for specific disorders include alcohol use disorder (AUD) at 2.6%, nicotine use disorder at 2.7%, depressive disorder at 1.7%, and anxiety disorder at 3.1%. Only 16.0% of diagnosed individuals seek treatment, indicating a significant treatment gap. Mental health issues contribute to substantial productivity losses, estimated at US$4 billion, leading to stress, emigration, and political polarization.  

8. Bangladesh 

Total Depression Cases per Capita: 0.036

Bangladesh, one of the top most depressed countries in Asia, has a high prevalence rates of mental health issues and depression among both adults and children. Women have higher depression rates than men, and young adults (20-29) and older individuals (70+) are particularly vulnerable. However, only around 7.7% of adults with mental disorders receive treatment due to substantial treatment gaps. Mental health expenditure receives a meager 0.44% of the health budget, indicating severe underfunding. Access to essential psychotropic medications is limited, with less than 0.11% of the population having access. 

7. Turkey 

Total Depression Cases per Capita: 0.037

Turkey witnesses a notable increase in common disorders like anxiety and depression, which places Turkey among the top most depressed countries in Asia. The World Health Organization reports over 3.2 million affected by depression, with antidepressant usage escalating by over 50% in the past five years. Psychiatric hospitalizations have risen, especially during the pandemic, underscoring the need for mental health support services.   

6. China 

Total Depression Cases per Capita: 0.038

In China, a large number of individuals experience depression and anxiety disorders, making China a most depressed country globally. Approximately 54 million people suffer from depression, and 41 million experience anxiety disorders, according to the WHO. Mental disorders account for 13% of all non-communicable diseases, ranking second globally in disease burden, as reported by The Lancet. China’s per capita investment in psychiatric hospitals is US$1.07 compared to US$35.06 in high-income countries, with only three mental health professionals available per 100,000 people.

Click to see and continue reading the 5 Most Depressed Countries in Asia

Suggested Articles:

Disclosure. None: The 20 Most Depressed Countries in Asia is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…