Statement:
In Denmark, people spend less of their household budget on food and non-alcoholic beverages than in Ecuador
In the Where households spend more on food rating
Denmark holds position #126 2021
out of 138 and Ecuador is #89 out of 138 2021.
Position of Denmark is better than position of Ecuador.
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 Ecuador
Referencies:
-
The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Denmark '% of household budget for food and non-alcoholic beverages' value is 12.87 Ecuador '% of household budget for food and non-alcoholic beverages' value is 22.45