Statement:
In The Bahamas, people spend less of their household budget on food and non-alcoholic beverages than in New Zealand
In the Where households spend more on food rating
The Bahamas holds position #133 2021
out of 138 and New Zealand is #114 out of 138 2021.
Position of The Bahamas is better than position of New Zealand.
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 New Zealand
Referencies:
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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 New Zealand '% of household budget for food and non-alcoholic beverages' value is 14.89