Statement:
In Nicaragua, people spend more of their household budget on food and non-alcoholic beverages than in Australia
In the Where households spend more on food rating
Nicaragua holds position #62 2021
out of 138 and Australia is #129 out of 138 2021.
Position of Nicaragua is worse than position of Australia.
Australia 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 Nicaragua
Referencies:
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The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Australia '% of household budget for food and non-alcoholic beverages' value is 12.08 Nicaragua '% of household budget for food and non-alcoholic beverages' value is 30.00