You already know that I am not a macro investor, but rather that I prioritize the analysis of specific companies before the economy in general. However, the economic environment in which companies compete should not be underestimated, since it is the context in which they operate. To help you better understand the international economic structure, I bring you a couple of infographics that show how people spend their money in different countries of the world.
How do people spend their money in different countries of the world?
In the following infographic you can see how people spend their money in different countries and regions of the world.
How people spend their money in different countries of the world
How people spend their money in different countries of Europe
Source: How Europe spends its money
On this occasion, there are no such great differences between countries as there were worldwide. There is a certain homogeneity across Europe in terms of consumption patterns. Spain is more or less above the European average in the distribution of family spending, the only thing that surprises me is the low spending on transport taking into account the amount of taxes we pay for hydrocarbons.
Other data that surprise me are that Greece is the country whose families spend the most money on education, that German families are the ones that spend the most on healthcare and that British families are the ones that spend the least, I suppose because of their health system that covers almost all necessities.
What has struck you the most about how people spend their money?
Now is your turn.
What has caught your attention the most about the distribution of private spending in the different countries of the world?
I await your comment!