Statement:
In Armenia, people spend more of their household budget on food and non-alcoholic beverages than in Latvia

In the Where households spend more on food rating Armenia holds position #39 2021 out of 138 and Latvia is #80 out of 138 2021.
Position of Armenia is worse than position of Latvia.
Both countries holds average positions in the "Where households spend more on food" rating. So % of household budget for food and non-alcoholic beverages is an average for both Armenia and Latvia, compared to most countries of the World.

Referencies:

  1. 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
    Latvia '% of household budget for food and non-alcoholic beverages' value is 25.62