Statement:
In Cyprus, people spend more of their household budget on food and non-alcoholic beverages than in Denmark
In the Where households spend more on food rating
Cyprus holds position #99 2021
out of 138 and Denmark is #126 out of 138 2021.
Position of Cyprus is worse than position of Denmark.
Denmark 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 Cyprus
Referencies:
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The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Cyprus '% of household budget for food and non-alcoholic beverages' value is 19.06 Denmark '% of household budget for food and non-alcoholic beverages' value is 12.87