Statement:
In Cabo Verde, people spend more of their household budget on food and non-alcoholic beverages than in Panama
In the Where households spend more on food rating
Cabo Verde holds position #81 2021
out of 138 and Panama is #91 out of 138 2021.
Position of Cabo Verde is worse than position of Panama.
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 Cabo Verde and Panama, 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.
Cabo Verde '% of household budget for food and non-alcoholic beverages' value is 25.23 Panama '% of household budget for food and non-alcoholic beverages' value is 22.35