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Armenians spend half of their consumer spending on food

21.11.2016, 16:28
About half of Armenian citizens’ consumer expenditures are spent on food, according to the findings of a nationwide survey of households, conducted by the country’s National Statistical Service (NSS) in 2015.



Armenians spend half of their consumer spending on food
YEREVAN, November 21. /ARKA/. About half of Armenian citizens’ consumer expenditures are spent on food, according to the findings of a nationwide survey of households, conducted by the country’s National Statistical Service (NSS) in 2015. 

According to the survey, the monthly consumer spending per person in 2015 was 42,867 drams ($89), which was 55% more compared to the previous year.

According to the survey, a person spends 18,705 drams a month ($39) on food or about 43.6% of his/her consumer spending, including eating out. In developed countries, the share of consumer expenditure spent on food is very low.  For example, according to the US Department of Agriculture (2014), the share of consumer spending of Americans on eating at home is 6.6%, whereas in Canada  its  9.2% and in Australia - 9.9%. In Germany the figure is 10.2%, in Spain - 13%, in France - 13.3%, in Slovenia - 15%, in Bulgaria - 18.7% and in the Czech Republic - 16 2%.

In Turkey the figure is 21.6% and in Iran - 24.6%. In post-Soviet countries the statistics is the following: in Russia - 28.4%, in Uzbekistan - 30.7%, in Georgia, 32.4%, in Belarus - 36.9%, in Ukraine - 37.7%, in Azerbaijan - 40.7 % and in Kazakhstan – 43. 3%. However, in absolute terms, the US citizens spend $2,385 per year on food. In Armenia the figure is $ 468, in Russia $2,055.

The National Statistical Service data also show that Armenians smoke more than consume alcoholic beverages. Thus, an average Armenian spends 237 drams a month on buying alcoholic drinks and 1,414 drams on cigarettes.

Per person service expenditures made 33.6% of all consumer spending, or 11, 437 drams, including 5,689 drams of utility fees, 2,659 drams of health payments and 2,400 drams spent on communication. Non-food per month expenditure per person was 8,074 drams.

The minimum monthly salary in Armenia, according to the latest official statistics, is 55,000 drams, while the median gross wage in September this year was 184, 992 drams.  ($ 1 - 479.38 drams). -0-