In the Philippines, the average resident spends just over 40% of their average income on food. Unfortunately, it is also known for its high income-to-cost ratio when it comes to food prices. Brad Plumer of Vox made a couple of really interesting graphs from the USDA's data that show just how much each country spends on food relative to the others, including a shaded world map. For one thing, the Philippines is extremely prone to natural disasters, particularly typhoons, which can have a disastrous effect on crops. The average German household spends $2,646 per year. The average American household spends $2,390 per year on food consumed at home, the USDA notes. That’s according to the latest figures compiled by the US Department of Agriculture (USDA). Generally speaking, the more developed a country is, the smaller the percentage of household income it … In South Korea, however, they spend a much larger percentage of their income, almost three times as much, on food to be prepared at home. There are multiple reasons for this. Americans spend just 6.4% of their household income on food. In the United States we spend just 6.4% of our disposable income on food prepared at home, and less on food in general than every nation listed except for South Korea. In addition, lack of adequate government policy … The Philippines is a southeast Asian country known for its aquamarine waters and beaches. Food expenditures in selected countries.
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