The bar graph details the distribution of household spending on various goods and services in a nation between 1995 and 2005.
Overall, it is evident that the budget share allocated to housing and transport went up, while the opposite was the case for the other categories. Additionally, housing generally made up the bulk of the household expenditure, while transport consistently accounted for the least, despite its increase.
Looking first at goods and services that increased in expense, in 1995, around 27% of the household budget was spent on housing, which was almost double that of transportation. After a decade, the former rose by around 7 percentage points to take up around a third of the total spending. Likewise, transport expense also grew, albeit to a lesser extent, to around 19%.
Turning to the remaining categories, food and drinks took up roughly 32% of the family budget, the leading expenditure in 1995. In comparison, other goods and services constituted a quarter of the total amount, a difference of nearly 7 percentage points. Nevertheless, both groups fell in spending share by 2005, with the former experiencing a significant decline to around 24% and the latter a much more modest decrease to approximately 23%, greatly narrowing the gap between the two.
