Statement:
In Denmark, people spend less of their household budget on restaurants and hotels than in Panama

In the Where households spend more on restaurants and hotels rating Denmark holds position #65 ²⁰²¹ out of 133 and Panama is #32 out of 133 ²⁰²¹.

Referencies:

1. Where households spend more on restaurants and hotels ²⁰²¹ by International Labor Organization

   The countries in the rating sorted by '% of household budget for restaurants and hotels' in descending order.

   Denmark	'% of household budget for restaurants and hotels' value is	4.78
   Panama	'% of household budget for restaurants and hotels' value is	6.70