Statement:
In South Korea, people spend less of their household budget on food and non-alcoholic beverages than in Laos

In the Where households spend more on food rating South Korea holds position #112 2021 out of 138 and Laos is #17 out of 138 2021.
Position of South Korea is better than position of Laos.
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 Korea and Laos, compared to most countries of the World.

Referencies:

  1. The countries in the rating sorted by '% of household budget for food and non-alcoholic beverages' in descending order.
    Laos '% of household budget for food and non-alcoholic beverages' value is 46.09
    South Korea '% of household budget for food and non-alcoholic beverages' value is 15.45