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
 |
| Courtesy: Goldman Sachs |
