The bar chart depicts the percentage of household budget spent on goods and services in a country from 1995 to 2005.
Overall, it is clear that there were balanced fluctuations among the categories between 1995 and 2005, indicating moderate changes. Notably, transport is the least invested service in both periods.
In 1995, the majority of families spend most of their expenditure on foods and drinks, with approximately 32 percent. Furthermore, percentages of expenditure invested in housing and transport are far apart, with 27 percent and 15 percent, respectively. With all three categories mentioned, other goods and services part is left with the rest of 25 percent in 1995.
By 2005, housing and transport investments experienced sharp increases. Specifically, household budget percentage rose up to nearly 35 percent in 2005, meaning a 8 percent increase. Transport’s incline was slightly underwhelmed, going up to a mere 19 percent and still being the lowest. Moreover, food and drinks’ expenditure spent received most dramatic downfall compared to 1995, subtracting 8 percent to 23 percent in 2005. Additionally, other goods and services also experienced mild decline, going down from 25 percent to approximately 23 percent during the period.