New Delhi: As per the figures from the Global Consumption Database of the World Bank, consumer spending attitude differs from country to country. Poor generally shell out more on essential commodities in developing countries.
Here is a comparison of patterns in India and abroad.
(Percentage share of spending on food and beverages becomes less as rise is observed in income segment)
India | Figures in % | World |
44.63 | Food & Beverages | 40.88 |
12.47 | Housing | 12.15 |
8.01 | Energy | 10.05 |
5.98 | Clothing & Footwear | 6.28 |
5.22 | Transport | 5.71 |
4.53 | Health | 4.50 |
3.54 | Education | 3.12 |
3.27 | ICT | 2.49 |
2.39 | Personal care | 1.74 |
9.96 | Others | 13.08 |
Data for 92 emerging markets across 12 sectors
Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.