The given pie charts compare how an ordinary household distributed its income across four main necessities, on average, in terms of percentage, in 2020.
Overall, it can clearly be seen that the money spent on food was the highest in all countries provided, while accommodation was always in last place, except for entertainment, which was highest for the U.S. and lowest for Singapore. Considerable dissimilarities can be seen across most categories, excluding utilities.
With regards to the highest categories in three of the four countries, the consumption of food took up considerably over half of the total spending in Vietnam and Bangladesh, while approximately one-third was used in Singapore. While food’s proportion was relatively high in the U.S.A., it was considerably lower than entertainment, with 30% as opposed to 40%. On the other hand, the money spent on accommodation was insignificant in Vietnam, with only 2% in Bangladesh, 5% in Vietnam, and 10% in the U.S. The situation changed in Singapore, where nearly one-third of the total income was allocated to this area.
Utilities were the most stable category across all countries, hovering around 20% for most countries, with an exception in Vietnam, which was 10% higher than usual. In contrast, there were massive differences in the distribution of money for entertainment purposes. While it was the least spent on in Vietnam, at 5%, and around 10% in Singapore and Bangladesh, it was a massive 40% in the U.S., which was also the highest in that country.