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Tobacco Costs the World More than GDP of All Low Income Countries

“Tobacco use alone costs the world 1-2% of its GDP each year,” Helen Clark, administrator of the United Nations Development Program told the United Nations on July 11th. The world’s GDP in 2013 was nearly $75 trillion.  One percent of the world’s GDP makes the global cost of tobacco higher than the total GDP of… Read the full article >

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Global Development

Tobacco is an economic threat to individuals, countries and the world. Tobacco use is a major driver of poverty, depriving the world of between 1-2% of its GDP annually. Tobacco use is higher among the poor. Their addiction to nicotine drives them to spend a relatively large proportion of their income on tobacco that cannot… Read the full article >

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