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

In the Where households spend more on food rating Panama holds position #91 ²⁰²¹ out of 138 and South Africa is #106 out of 138 ²⁰²¹.
Position of Panama is worse than position of South Africa.
Both countries holds average positions in the "Where households spend more on food" rating. So % of household budget for food and non-alcoholic beverages is an average for both Panama and South Africa, compared to most countries of the World.

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.

   Panama	'% of household budget for food and non-alcoholic beverages' value is	22.35
   South Africa	'% of household budget for food and non-alcoholic beverages' value is	17.24