Saturday, July 30, 2016

How India is spending money for Personal Consumption?

How Indians are spending Money?
India is spending 33% of money for Food whereas China spends 25%, USA spends 10%.
India is spending 20% of money for Transportation whereas China spend 10% only.
India is spending less than 10% of money for Healthcare and Education whereas China spends 12%,  USA spends 35%, Korea spends 20%.
India is spending 10% for "Looking Good - like Apparels, Cosmetics" whereas USA spends 5%, China spends 12%.
How People differs in their spending pattern?
Personal Consumption expenditure:
India -   US$ 1012
China -  US$ 3005
Korea -   US$ 12598
Japan -   US$ 18515
US -         US$ 37206
How Indians Spend Money
Courtesy: Goldman Sachs