Statement:
In Singapore, people spend less of their household budget on food and non-alcoholic beverages than in Austria
In the Where households spend more on food rating
Singapore holds position #137 2021
out of 138 and Austria is #132 out of 138 2021.
Position of Singapore is better than position of Austria.
Both countries are outsiders 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 most countries of the World.
Referencies:
-
The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Austria '% of household budget for food and non-alcoholic beverages' value is 11.32 Singapore '% of household budget for food and non-alcoholic beverages' value is 6.82