Statement:
In Singapore, people spend less of their household budget on food and non-alcoholic beverages than in Cabo Verde
In the Where households spend more on food rating
Singapore holds position #137 2021
out of 138 and Cabo Verde is #81 out of 138 2021.
Position of Singapore is better than position of Cabo Verde.
Singapore 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 Cabo Verde
Referencies:
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The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Cabo Verde '% of household budget for food and non-alcoholic beverages' value is 25.23 Singapore '% of household budget for food and non-alcoholic beverages' value is 6.82