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

In the Where households spend more on food rating Paraguay holds position #72 2021 out of 138 and Sri Lanka is #22 out of 138 2021.
Position of Paraguay is better than position of Sri Lanka.
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 Paraguay and Sri Lanka, 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.
    Paraguay '% of household budget for food and non-alcoholic beverages' value is 26.86
    Sri Lanka '% of household budget for food and non-alcoholic beverages' value is 44.00