Statement:
In South Africa, people spend more of their household budget on food and non-alcoholic beverages than in Iceland
In the Where households spend more on food rating
South Africa holds position #106 2021
out of 138 and Iceland is #115 out of 138 2021.
Position of South Africa is worse than position of Iceland.
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 South Africa and Iceland, compared to most countries of the World.
Referencies:
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The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
Iceland '% of household budget for food and non-alcoholic beverages' value is 14.81 South Africa '% of household budget for food and non-alcoholic beverages' value is 17.24