European Countries and Relative Share

: The study authors compare the European Union with 15 G20 countries, according to The Moscow Times. Russia leads in three categories: the relative share of expenses for food , clothing and footwear and alcohol and tobacco . Interestingly, in the first two categories Russia is very close to India , and both have inexpensive housing and utilities — costing 13.2 percent and 10.3 percent of incomes respectively. That information comes from "The EU in the World in 2015," a Eurostat report based on data from 2011-14. Of course, in countries where incomes are lower, people must pay a greater relative share of their wealth for the most essential of necessities — food. According to the Eurostat study, the citizens of Australia, Canada, the EU and South Korea devote slightly more than 10 percent of their incomes to it, and among European countries, the people of Luxembourg, Britain and Switzerland pay the lowest percentage for food. The share of food expenses in developed countries with a high standard of living averages 10-15 percent. (news.financializer.com). As reported in the news.