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

In the Where households spend more on restaurants and hotels rating Latvia holds position #81 ²⁰²¹ out of 133 and Iceland is #60 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.

   Iceland	'% of household budget for restaurants and hotels' value is	5.09
   Latvia	'% of household budget for restaurants and hotels' value is	3.94