Statement:
In Iceland, people spend more of their household budget on food and non-alcoholic beverages than in Germany
In the Where households spend more on food rating
Iceland holds position #115 2021
out of 138 and Germany is #134 out of 138 2021.
Position of Iceland is worse than position of Germany.
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 Iceland
Referencies:
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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 Iceland '% of household budget for food and non-alcoholic beverages' value is 14.81