2024-05-02 19:48:54
The table shows the proportion of household income that five nations in Europe spend per month on four expenditure items.
Overall, it is evident that all five countries spend the majority of their income on food and drink and housing, but much less on clothing and entertainment.
Delving into details, housing is the largest expenditure item for France, Germany and the UK, with all of these nations allocating around a third of their household income on this. In Turkey and Spain, households spend around a fifth of their income on housing, at 20% and 18% respectively. However, this pattern is reversed for food and drink. France, Germany and the UK spend about a quarter of their income on this, while 36% and 31% of the monthly household income in Turkey and Spain is channeled into food and drink.
All of these countries spend much less of their income on the remaining two items. For clothing, France and Spain spend the least, at less than 10%, while the other three countries spend more, between 11% and 15%. Finally, Germany spends the most money on entertainment (19%), a figure that is twice of the percentage of Turkey. France and Spain, on the other hand, spend around 15%, whereas 11% belonged to the UK.
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