Question: What Items Do Most Countries Spend The Most Money On?

What age group spends the most?

Figures from Epsilon’s transaction database confirm that Baby Boomers as a whole spend the most on an annual basis:Baby Boomers (ages 55-75 years old) spend a total of $548.1 billion annually;Gen X (ages 36-54 years old) follow Boomers with $357 billion annual spend;More items…•.

Which country has highest Defence budget?

The 15 countries with the highest military spending worldwide in 2019 (in billion U.S. dollars)Military spending in billion U.S. dollarsUSA732China*261India71.1Russia65.19 more rows•May 11, 2020

Which country spends the least on food?

Countries that spend the least The remaining four countries are spread across the globe. The US spends the least at 6.4%, Singapore spends the second lowest amount at 6.7%. Canada spends 9.1% on food, while Australia spends 9.8%.

Who spends the most money in the world?

Biggest Spenders in the WorldBeyonce Knowles.Roman Abramovich. … Rihanna.50 Cent.Madonna. … Owen Wilson. Owen Wilson is a popular Hollywood actor. … Stephen Hung. Hung has made it to the biggest spenders list by buying 30 Rolls Royce Phantoms worth $20 million. … Rupert Murdoch. Media Mogul Rupert Murdoch is also on the list of biggest spenders.More items…

Which gender buys more clothes?

WomenWomen buy more clothing than men: True. Women are far more likely to purchase clothing across most apparel categories than men are.

Which country spends the most money on food?

Nigeria1. Nigeria – 58.9%​ People living in Nigeria spend more money on food than any other country in the world. Food takes up an astonishing 58.9% of Nigerians’ incomes.

Which country spends the least military?

Secondary NavigationRankCountry(% OF GDP)1Oman13.732South Sudan10.933Saudi Arabia9.854Congo, Republic of the7.1788 more rows

Which country spends longest time eating and drinking each day?

FranceIn many countries, taking your time over a meal is pretty normal, according to data released by the OECD. People in France tend to spend the most time eating and drinking per day on average at 2 hours and 13 minutes. Their neighbors in Italy and Spain aren’t too far behind, averaging more than two hours per day.

What age group buys the most clothes?

E-shoppers aged 16-24 were the top age group when it came to clothes and sports goods purchases (73 %), those aged 25-54 in online purchases of travel and holiday (57 %) and the older age group (55-74) in buying books, magazines and newspapers, together with those aged 25-54 (35 % both).

What is the world military budget?

$1917 billionGlobal military expenditure is estimated to have been $1917 billion in 2019, the highest level since 1988. The total was 3.6 per cent higher in real terms than in 2018 and 7.2 per cent higher than in 2010 (see figure 1).

What is US military budget?

Estimated U.S. military spending is $934 billion. It covers the period October 1, 2020, through September 30, 2021. 1 Military spending is the second-largest item in the federal budget after Social Security. This figure is more than the $705 billion outlined by the Department of Defense alone2.

What age group shops the most?

Older millennials—those ages 32 to 37—make 43.0% of their purchases in stores and 57.0% online, making that group the most likely to shop in stores, the survey found. Millennials that are 27 to 31 years old make 38% of purchases in stores and 62% online.

What do people buy most online?

With these products, the demand is assured, but so is the competition.Fashion items. Interestingly, fashion is the top selling industry in almost all of the world. … Trips and tourism. … Tech products. … Second-hand sales. … Books and Musis. … Educational Courses.

What country spends the most on clothes?

The USA and China spend by far the most on apparel. The global apparel market – not including footwear or jewellery – is worth $1.34 trillion a year in retail sales. Womenswear accounts for more than half (53%) of that spending.

Which country shops the most?

United KingdomSince the advent of the internet, the cybersphere has morphed from simply an information hub into a digital shopping mall….Who spends the most online?RankCountryEcommerce Spend Per Capita#1United Kingdom$4,201#2United States$3,428#3South Korea$2,591#4France$1,9466 more rows•Nov 8, 2018

Who buys more online male or female?

A recent study by Affilinet reports that 84.3 % of men buy online, compared with 77 % of women. … While women buy on average about 7.1 times a year and men only about 5.4 times; they spend more money on the Internet: Men spend 10 euros more on each purchase than women.

What country does the most online shopping?

The Netherlands​The Netherlands has placed top of UNCTAD’s Business-to-Consumer (B2C) E-commerce Index for 2018 as the most prepared country in the world for online commerce.