Table 1.
Financial impact of cigarettes on individuals and society in target Asia-Pacific countries
Impact | Hong Kong | Malaysia | Thailand | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost per pack (US$) 6,7 | 7.67 | 4.19 | 1.80 | |||||||||
Average life expectancy (years) 8,9 | Male: 82.2 (Female: 87.6) | 75.3 | 75.5 | |||||||||
Average life expectancy for smokers (years) | Male: 72.2 (Female: 77.6) | 65.3 | 65.5 | |||||||||
Number of packs per day | 1 | 1.5 | 2 | 3 | 1 | 1.5 | 2 | 3 | 1 | 1.5 | 2 | 3 |
Annual expenses for one pack per day (US$) | 2799.55 (2799.55) | 4199.33 (4199.33) | 5599.10 (5599.10) | 8398.65 (8398.65) | 1529.35 | 2294.03 | 3058.70 | 4588.05 | 657.00 | 985.50 | 1314.00 | 1971.00 |
Lifetime expenses for one pack per day (US$) | 151735.61 (166853.18) | 227603.69 (250280.07) | 303471.22 (333706.36) | 455206.83 (500559.54) | 72338.26 | 108507.38 | 144676.51 | 217014.77 | 31207.50 | 46811.25 | 62415.00 | 93622.50 |
S&P 500 CAGR | 7.39% | 7.39% | 7.39% | |||||||||
Total amount at retirement if invested in S&P 500 index (US$) | 718819.55 | 1078230.61 | 1437639.10 | 2156458.66 | 392679.78 | 589019.67 | 785359.56 | 1178039.34 | 168692.98 | 253039.48 | 337385.97 | 506078.95 |
Countries | South Korea | Singapore | Australia | |||||||||
Cost per pack (US$) 7 | 4.02 | 10.35 | 15.42 | |||||||||
Average life expectancy (years) 9 | 82.7 | 82.9 | 82.9 | |||||||||
Average life expectancy for smokers (years) | 72.7 | 72.9 | 72.9 | |||||||||
Number of packs per day | 1 | 1.5 | 2 | 3 | 1 | 1.5 | 2 | 3 | 1 | 1.5 | 2 | 3 |
Annual expenses for one pack per day (US$) | 1467.30 | 2200.95 | 2934.60 | 4401.90 | 3777.75 | 5666.63 | 7555.50 | 11333.25 | 5628.30 | 8442.45 | 11256.60 | 16884.90 |
Lifetime expenses for one pack per day (US$) | 80261.31 | 120391.97 | 160522.62 | 240783.93 | 207398.48 | 311097.71 | 414796.95 | 622195.43 | 308993.67 | 463490.51 | 617987.34 | 926981.01 |
S&P 500 CAGR | 7.39% | 7.39% | 7.39% | |||||||||
Total amount at retirement if invested in S&P 500 index (US$) | 376747.67 | 565121.50 | 753495.33 | 1130243.00 | 969984.66 | 1454976.99 | 1939969.33 | 2909953.99 | 1445136.57 | 2167704.85 | 2890273.14 | 4335409.71 |
The average life expectancy in Hong Kong was cited from a local government report. Data on male and female were reported separately. The average life expectancies in other countries were cited from WHO, which reported the data on both sexes as a whole.