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

In the Where households spend more on clothing rating South Korea holds position #69 2021 out of 138 and Panama is #18 out of 138 2021.

Referencies:

  1. The countries in the rating sorted by '% of household budget for clothing and footwear' in descending order.
    Panama '% of household budget for clothing and footwear' value is 7.68
    South Korea '% of household budget for clothing and footwear' value is 4.86