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Food spending around the world

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Advanced nations spend much less proportionately on food but the share of spending has been decreasing across wealthy and poor countries. For instance, in Uganda, the percentage of income spent on purchasing food fell from near to 70% in the 1980s to under 45% within three decades to 2010.

Food spending around the world

There are only 8 nations in the world that spend less than 10 percent of their household income on food: the United States – 6.4 percent; Singapore – 6.7 percent; the United Kingdom – 8.2 percent; Switzerland – 8.7 percent; Canada – 9.1 percent; Ireland spends 9.6 percent; Australia – 9.8 percent; Austria 9.9 percent.

Nigeria spends 56.4 percent of household income on food, and there are eight other countries that spend over 40 percent on food: Kenya – 46.7 percent; Cameroon – 45.6 percent; Algeria – 42.5 percent; Kazakhstan – 43.0 percent; Philippines – 41.9 percent; Pakistan – 40.9 percent; Azerbaijan – 40.1 percent; Guatemala – 40.6 percent).

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