An analysis of the 2016 household expenditures reveals that living expenses on housing and utilities like water, electricity, gas and other fuels still account for the highest proportion (24.22%), followed by food, beverages, and tobacco (15.76%).

As family structures and lifestyles evolve, household expenditures are increasing proportionately. Due to the increase in average life expectancy and better health and well-being services, health expenditures have exhibited an upward swing, increasing 5.54% by 2016 from that of 1996. The prevalence of sports and communications equipment has led to a 2% increase over 20 years in transport and communication expenditures as well. And with an increasing number of people dining out more frequently, expenditures on restaurants and hotels have increased by 3.4%. Surprisingly, expenditures on food, beverages and tobacco have dropped from 19.72% in 1996 to 15.76% in 2016.