|% of the population that smokes||Citi's earliest prediction for end of smoking|
|United Kingdom ||21 ||2040 |
I find it interesting that two countries that have announced that they will eradicate smoking in the medium term, Finland and New Zealand, according to this table, won't actually achieve it until relatively late: New Zealand in 2058, and Finland in 2193. Netherlands (where there has been a huge backlash to the recent smoking restrictions) kicks the habit in 2048, but France carries on till 2118, 70 years later, and the Greeks for more than a century after that.
The predictions are based on fifty years' decline in smoking rates, and reports stress that 'if this continues', smoking will die out by the dates indicated.
If this causes any jitters in the stock market I doubt they will last. Ireland's smoking rate appears to have increased again after a short-term decline following their ban in 2004, and Scotland is failing to meet targets.