Richer people spend more on food, but it makes up a smaller share of income

Three billion people worldwide cannot afford a healthy diet that gives them all the nutrients they need.

Most of these people live in low- to middle-income countries, where people have less money to spend on food. You might rightly guess that people in richer countries tend to spend more on food — but they also spend a smaller share of overall spending on food. You can see this in the chart, where each dot represents one country in 2022.

The average budget in Switzerland for food consumed at home was more than four times that of Kenya (when measured in US dollars). But food made up less than 10% of Swiss consumer spending, compared to almost 60% in Kenya.

This means people in richer countries don’t only have more money to spend on food; they also have far more left to spend on other important resources, like housing, education, clothing, and health.