Table 5

Summary findings of the distributional health and financial consequences of future increases in tobacco specific excise taxes among Colombia’s current urban population, across income quintiles, over 20 years

OutcomeTotalIncome quintile IIncome quintile IIIncome quintile IIIIncome quintile IVIncome quintile V
Simulated tax scenario 1: specific excise tax equal 50% of retail price of cigarettes
 Years of life gained245 00062 000 (25%)59 000 (24%)54 000 (22%)40 000 (16%)30 000 (12%)
 Change in annual tax revenues*933 00093 000 (10%)157 000 (17%)197 000 (21%)207 000 (22%)278 000 (30%)
 Change in annual household tobacco expenditure*846 00069 000 (8%)128 000 (15%)175 000 (21%)196 000 (23%)278 000 (33%)
Simulated tax scenario 2: specific excise tax equal to 70% of retail price of cigarettes
 Years of life gained479 000120 000 (25%)114 000 (24%)105 000 (22%)79 000 (17%)61 000 (13%)
 Change in annual tax revenues*1 062 0009 000 (1%)90 000 (9%)197 000 (19%)282 000 (27%)484 000 (46%)
 Change in annual household tobacco expenditure*606 000−82 000−26 00088 000203 000422 000
  • *In COP$ million, these estimates are for year 1 after tax policy increases.

  • The distribution of outcomes across income quintiles is provided in parentheses (except for the change in annual household tobacco expenditure in the 70% specific excise tax scenario where decreases in cigarette consumption are estimated for the bottom two income quintiles).