Statement:
In Armenia, people spend more of their household budget on food and non-alcoholic beverages than in Austria
In the Where households spend more on food rating
Armenia holds position #39 2021
out of 138 and Austria is #132 out of 138 2021.
Position of Armenia is worse than position of Austria.
Austria is an outsider of the "Where households spend more on food" rating. People spending a small part of their budget on food indicates a high standard of living, compared to Armenia
Referencies:
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The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Armenia '% of household budget for food and non-alcoholic beverages' value is 37.20 Austria '% of household budget for food and non-alcoholic beverages' value is 11.32