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
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.