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

In the Where households spend more on food rating United Kingdom holds position #135 ²⁰²¹ out of 138 and Panama is #91 out of 138 ²⁰²¹.
Position of United Kingdom is better than position of Panama.
United Kingdom 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 Panama

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
   United Kingdom	'% of household budget for food and non-alcoholic beverages' value is	8.90