Statement:
In Equatorial Guinea, people spend more of their household budget on food and non-alcoholic beverages than in Norway
In the Where households spend more on food rating
Equatorial Guinea holds position #15 2021
out of 138 and Norway is #125 out of 138 2021.
Position of Equatorial Guinea is worse than position of Norway.
Norway 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 Equatorial Guinea
Referencies:
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The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Equatorial Guinea '% of household budget for food and non-alcoholic beverages' value is 47.90 Norway '% of household budget for food and non-alcoholic beverages' value is 12.97