Statement:
In Germany, people spend less of their household budget on food and non-alcoholic beverages than in Panama

In the Where households spend more on food rating Germany holds position #134 ²⁰²¹ out of 138 and Panama is #91 out of 138 ²⁰²¹.
Position of Germany is better than position of Panama.
Germany 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 Panama

Referencies:

1. Where households spend more on food ²⁰²¹ by International Labor Organization

   The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.

   Germany	'% of household budget for food and non-alcoholic beverages' value is	9.69
   Panama	'% of household budget for food and non-alcoholic beverages' value is	22.35