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

In the Where households spend more on food rating Thailand holds position #28 ²⁰²¹ out of 138 and Panama is #91 out of 138 ²⁰²¹.
Position of Thailand is worse than position of Panama.
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 Thailand and Panama, 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.

   Panama	'% of household budget for food and non-alcoholic beverages' value is	22.35
   Thailand	'% of household budget for food and non-alcoholic beverages' value is	40.35