Statement:
In Cyprus, people spend less of their household budget on food and non-alcoholic beverages than in Nicaragua
In the Where households spend more on food rating
Cyprus holds position #99 2021
out of 138 and Nicaragua is #62 out of 138 2021.
Position of Cyprus is better than position of Nicaragua.
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 Cyprus and Nicaragua, 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.
Cyprus '% of household budget for food and non-alcoholic beverages' value is 19.06 Nicaragua '% of household budget for food and non-alcoholic beverages' value is 30.00