This study dynamically analyzed the factors influencing the depression-exit of the disabled in order to prevent the depression and find effective ways out of the depression state for the disabled. The 3rd∼10th (2008-2015) research data of Korean Welfare Panel Study(KOWEPS) were combined and analyzed through time-discrete hazard model. The results of the analysis are summarized as follows. On socio-economic state related factors, women rather than men, people who are living with spouses rather than people who were divorced, separated or are living alone, and also the regional location such as Pusan, Gyeongman, Ulsan, Daegu, Gyeongbuk metropolitan cities rather than the Metropolis of Seoul were higher in the possibility of depression-exit. On disability-health related factors, more healthy people were higher in the possibility of depression-exit. On psycho-social characteristics related factors, people who have high level conditions of the self-esteem and the satisfaction about leisure and recreation were higher in the possibility of depression-exit. Based on the findings, researchers suggested some recommendations. First of all, we should find effective ways out of the depression of the disabled such as regional locations and characteristics-sensitive alternatives and personal need-sensitive healthrehabilitation services. And also we have to effort to overcome the prejudice and discrimination related to the disabled for build-up the supportive environment of depression-exit.