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

In the Where households spend more on food rating Serbia holds position #58 ²⁰²¹ out of 138 and Latvia is #80 out of 138 ²⁰²¹.
Position of Serbia is worse than position of Latvia.
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 Serbia and Latvia, 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.

   Latvia	'% of household budget for food and non-alcoholic beverages' value is	25.62
   Serbia	'% of household budget for food and non-alcoholic beverages' value is	31.43