Statement:
In South Korea, people spend more of their household budget on clothing and footwear than in Iceland

In the Where households spend more on clothing rating South Korea holds position #69 ²⁰²¹ out of 138 and Iceland is #102 out of 138 ²⁰²¹.

Referencies:

1. Where households spend more on clothing ²⁰²¹ by International Labor Organization

   The countries in the rating sorted by '% of household budget for clothing and footwear' in descending order.

   Iceland	'% of household budget for clothing and footwear' value is	3.56
   South Korea	'% of household budget for clothing and footwear' value is	4.86