2023-09-13 12:05:00
THE FIGURE OF THE WEEK. While they exceed $4,300 per year per capita in Switzerland, they are only $180 in Tanzania.
By PD for Le Point
© Riccardo Milani/Hans Lucas via AFP
Published on
D’according to data established by the economic research service of the American Department of Agriculture, it is in Switzerland that the amount of expenditure devoted to food is the highest in the world. It averaged $4,313 (4,016 euros) per capita in 2021.
Next come Norway ($4,093), Israel ($3,997), Denmark ($3,727) and Hong Kong ($3,672). With 3,234 dollars (3,011 euros) of budget dedicated to food in 2021, France ranks eleventh in the world, the United States in fourteenth place ($3,070).
At the other end of the scale is Tanzania, where per capita food expenditure was just $180 in 2021, preceded by Ethiopia ($245) and Uganda ($293).
Increase in standard of living
It is in the United States that the share of expenditure on food as a proportion of total household expenditure is lowest. It is only 6.7%. This is followed by Singapore (8.4%), the United Kingdom (8.7%) and Ireland (9.2%). At the other end of the scale, food accounts for 59% of the household budget in Nigeria, 56.6% in Myanmar, 56.1% in Kenya and 52.7% in Bangladesh.
READ ALSOInflation: will we soon see the end of the tunnel? The share of expenditure devoted to food (excluding alcoholic beverages) was 14.1% in France in 2021. It has fallen very sharply since the industrial revolution in accordance with the law highlighted by the German economist Ernst Engel, according to which the share of income allocated to food expenditure decreases when the standard of living increases.
At the end of the 19th centurye century, the French devoted on average two thirds of their budget to food. This share was still 44% in 1949, 35% in 1960 and 26% in 1973.
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