The two pie charts compare the distribution of household expenditures in seven different elements: food, housing, transportation, health care, and other basic necessities in a particular country between 1960 and 2010.
Overall, the data show that the country’s spending habits evolved over 50 years, with increases in housing, transport, health care, and education costs. While food, entertainment, and other basic necessities saw a decrease in relative spending.
According to the data, in 1960, the second largest portion of spending was dedicated to housing, which accounted for 22%. The proportion spent on housing increased by 3%. Additionally, the percentages of expenditure on transport and health care were 14% and 4% in 1960, and these numbers saw a gradual rise to 6% and 2%, respectively. Lastly, spending on education was 4% in 1960. This ratio surged dramatically to 8% in the following decades.
In terms of the food category, which was the largest portion of expenditure at 34% in 1960, the ratio steadily declined to 30% in 2010. Furthermore, spending on other necessities was the third largest, accounting for 19%, and the portion of expenditure on entertainment was 3% in 1960. This then drastically dropped to 10% and 2%, respectively.