Statement:
In The Bahamas, people spend less of their household budget on food and non-alcoholic beverages than in Guatemala

In the Where households spend more on food rating The Bahamas holds position #133 2021 out of 138 and Guatemala is #66 out of 138 2021.
Position of The Bahamas is better than position of Guatemala.
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 Guatemala

Referencies:

  1. The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
    The Bahamas '% of household budget for food and non-alcoholic beverages' value is 10.24
    Guatemala '% of household budget for food and non-alcoholic beverages' value is 28.74