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Read to know what do Indians spend on

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. 


Read to know what do Indians spend on

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

From Zee News

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