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Money & Wealth Insider

These European Countries Spend The Most On Food

When it comes to households spending on food and non-alcoholic beverages, Romania ranked number one on the list, spending over 27.8%, that’s according to the latest figures compiled by Eurostat. The United Kingdom came in in the last place, spending just 8% of household expenditure on average.

Lithuanians ranked Europe’s number two with households spending 21.6% of their total expenditure on food and non-alcoholic beverages in 2017. Estonians came third, spending just over 20%, and Bulgarians a close fourth on 19.2%.

In 2017, households in the European Union (EU) spent 12.2 % of their total consumption expenditure on food and non-alcoholic beverages.

Generally speaking, the more developed a country is, the smaller the percentage of household income it spends on food. There are only four countries in Europe that spend less than 10% of their household income on food: the United Kingdom is last at 8.2%, followed by Luxembourg at 8.9%; Ireland spends 9.2% and Austria 9.9%.

The figures do not mean that food is more expensive in Romania than in the United Kingdom. In fact, quite the reverse.

The share of total household expenditure spent on food and non-alcoholic beverages in 2017 (%)

These European Countries Spend The Most On Food:

  1. Romania: 27.8%
  2. Lithuania: 21.6%
  3. Estonia: 20.3%
  4. Bulgaria: 19.2%
  5. Hungary: 18.2%
  6. Slovakia: 18.1%
  7. Latvia: 17.8%
  8. Greece: 16.9%
  9. Poland: 16.8%
  10. Portugal: 16.7%
  11. Czech Republic: 16.3%
  12. Slovenia: 14.6%
  13. Italy: 14.2%
  14. Cyprus: 13.7%
  15. Belgium: 13.4%
  16. France: 13.2%
  17. Sweden: 12.4%
  18. Spain: 12.3%
  19. Malta: 12.1%
  20. Finland: 11.6%
  21. Netherlands: 11.4%
  22. Denmark: 11.4%
  23. Germany: 10.6%
  24. Austria: 9.9%
  25. Ireland: 9.2%
  26. Luxembourg: 8.9%
  27. United Kingdom: 8.2%

These European Countries Spend The Most On Food:

Dr. Amarendra Bhushan Dhiraj

Dr. Amarendra Bhushan Dhiraj

CEO and editorial director at CEOWORLD Magazine
Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, high net worth individuals, and the most globally powerful men and women.
Dr. Amarendra Bhushan Dhiraj

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