{"id":711708,"date":"2023-08-17T17:00:00","date_gmt":"2023-08-17T15:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=711708"},"modified":"2023-08-17T16:15:24","modified_gmt":"2023-08-17T14:15:24","slug":"what-south-africans-spend-on-food-vs-the-usa-australia-the-uk-and-more","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/lifestyle\/711708\/what-south-africans-spend-on-food-vs-the-usa-australia-the-uk-and-more\/","title":{"rendered":"What South Africans spend on food vs the USA, Australia, the UK, and more"},"content":{"rendered":"\n

In South Africa, stubbornly high food inflation has put added financial pressure on consumers, and a recent study shows that, on average, South Africans spend more on food than most African countries \u2013 second only to Egypt. <\/p>\n\n\n\n

This is according to a new report published by Picodi.com<\/a>, which analysed how much money citizens of different countries spend on groceries.<\/p>\n\n\n\n

This analysis looked at the average spending across all income categories. It included 105 countries, using the latest household food and non-alcoholic beverages consumption statistics from Euromonitor and the relevant official government websites.<\/p>\n\n\n\n

The collected data shows that, depending on the country, grocery spending can vary from a few per cent to over half of consumer spending. <\/p>\n\n\n\n

For example, less than a tenth of spending on food and non-alcoholic beverages consumed at home can be found in countries such as the USA (6.7%), Singapore (8.4%), the UK (8.7%), Switzerland (9.9%), and Australia (10%).<\/p>\n\n\n\n

South Africa ranked 50th out of 105 countries in this ranking \u2013 food and non-alcoholic beverages account for 21.3% of consumer spending on goods and services.<\/strong> This result is similar to the one in Saudi Arabia (20.5%), Lebanon (21.0%) and Oman (22.6%).<\/p>\n\n\n\n

Among the countries included in the ranking, the highest percentage of grocery spending can be found in Nigeria, Myanmar and Kenya \u2013 59%, 56.6% and 56.1%, respectively.<\/p>\n\n\n

\n
\"\"<\/a><\/figure><\/div>\n\n\n

How much money is spent on groceries in Africa<\/strong><\/p>\n\n\n\n

Despite spending a smaller portion of their salaries on groceries, South Africans spend a larger amount on food than other African countries. <\/p>\n\n\n\n

The highest grocery spending in Africa can be found in Egypt, with its citizens spending, on average, $114 (R2,185) per month on groceries. <\/p>\n\n\n\n

This is then followed by South Africa in second and Kenya in third. South Africans spend, on average, $77 (R1,476) on monthly groceries. <\/strong><\/p>\n\n\n\n

The lowest grocery spending can be found in Uganda ($24\/month), Ethiopia ($20\/month) and Tanzania ($15\/month).<\/p>\n\n\n\n

Pos.<\/th>Country<\/th>Average spend per month<\/th><\/tr><\/thead>
1<\/td>Egypt<\/td>$114 (R2,185) <\/td><\/tr>
2<\/strong><\/td>South Africa <\/strong><\/td>$77 (R1,476) <\/strong><\/td><\/tr>
3<\/td>Kenya<\/td>$74 (R1,418) <\/td><\/tr>
4<\/td>Nigeria <\/td>$62 (R1,188) <\/td><\/tr>
5<\/td>Morocco <\/td>$62 (R1,188) <\/td><\/tr>
6<\/td>C\u00f4te d’Ivoire<\/td>$56 (R1,073) <\/td><\/tr>
7<\/td>Angola <\/td>$55 (R1,054) <\/td><\/tr>
8<\/td>Tunisia <\/td>$54 (R1,035) <\/td><\/tr>
9<\/td>Ghana<\/td>$54 (R1,035) <\/td><\/tr>
10<\/td>Algeria <\/td>$51 (R977) <\/td><\/tr>
11<\/td>Cameroon <\/td>$45 (R863) <\/td><\/tr>
12<\/td>Uganda <\/td>$24 (R460) <\/td><\/tr>
13<\/td>Ethiopia <\/td>$20 (R383) <\/td><\/tr>
14<\/td>Tanzania <\/td>$15 (R287) <\/td><\/tr><\/tbody><\/table><\/div>
Note: The rand conversions were made using the dollar\/ZAR exchange rate as of 17 August 2023. <\/figcaption><\/figure>\n\n\n\n

According to Deloitte\u2019s South Africa economic outlook<\/a> for July 2023, one of the reasons for South Africa’s relatively high cost of food is its reliance on imports.<\/p>\n\n\n\n

Although South Africa has a well-developed agricultural sector, the report said that the country relies on certain imports of agricultural products and inputs that expose the country to global commodity-price changes.<\/p>\n\n\n\n

Despite ranking 50th among the 105 countries compared (at 21.3% on average), considering the spread of income brackets across the country gives a more accurate picture of how much South Africans are actually spending on groceries. <\/p>\n\n\n\n

As per Stats SA data, the poorer households spend the largest share of their money on groceries.<\/p>\n\n\n\n

Poor households \u2013 those that spend less than R20,140 per year (R1,680 per month) \u2013 spend 50% of their budgets on food and non-alcoholic beverages, whereas wealthy households \u2013 those that spend more than R312,247 per year (R26,000 per month) \u2013 spend only 11% of their budgets on food.<\/p>\n\n\n\n

Those in Stats SA\u2019s middle class \u2013 those who spend between R65,214 to R84,698 per year (R5,500 to R7,000 per month) \u2013 spend roughly 34% of their salary on food.<\/p>\n\n\n\n

\n\n\n\n

Read: Domestic worker jobs crisis in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Recently published data shows how much, on average, South Africans spend on groceries every month – and how it compares to over 100 countries around the world.<\/p>\n","protected":false},"author":10,"featured_media":657103,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9876],"tags":[11666,853],"class_list":["post-711708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-picodi","tag-south-africa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/711708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=711708"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/711708\/revisions"}],"predecessor-version":[{"id":711738,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/711708\/revisions\/711738"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/657103"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=711708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=711708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=711708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}