Statement:
In The Bahamas, people spend less of their household budget on food and non-alcoholic beverages than in Armenia
In the Where households spend more on food rating
The Bahamas holds position #133 2021
out of 138 and Armenia is #39 out of 138 2021.
Position of The Bahamas is better than position of Armenia.
The Bahamas 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 The Bahamas '% of household budget for food and non-alcoholic beverages' value is 10.24