Table 3

Simulation 1 results: cigarette excise taxes increased to ECOWAS minimums

Retail sales price (RSP)Sales volumesExcise revenueTotal tax revenueExcise % of RSP before tax increaseExcise % of RSP after tax increase
Benin56%−27%774%532%4%33%
Burkina Faso38%−11%195%142%14%33%
Cabo Verde35%−19%166%110%14%32%
Cote d'Ivoire48%−24%177%125%15%37%
Gambia12%−8%20%16%33%39%
Ghana42%−22%133%74%17%36%
Guinea108%−39%1243%474%4%46%
Guinea-Bissau57%−27%248%142%13%39%
Liberia35%−14%130%112%19%37%
Mali40%−10%346%176%8%30%
Niger56%−27%239%165%13%39%
Nigeria73%−32%152%127%22%46%
Senegal53%−26%129%68%15%31%
Sierra Leone70%−15%1192%609%4%38%
Togo46%−23%446%325%6%31%
Unweighted average 51% 22% 373% 213% 14% 37%
  • ECOWAS, Economic Community of West African States.