Statement:
In Austria, people spend less of their household budget on food and non-alcoholic beverages than in Australia
In the Where households spend more on food rating
Austria holds position #132 2021
out of 138 and Australia is #129 out of 138 2021.
Position of Austria is better than position of Australia.
Both countries are outsiders 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 most countries of the World.
Referencies:
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The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Australia '% of household budget for food and non-alcoholic beverages' value is 12.08 Austria '% of household budget for food and non-alcoholic beverages' value is 11.32