The positive correlation is clear. The countries to note would be the outliers. The Netherlands appear to be the scrooge among the lot. With an income per capita that is almost at the same level as that in Switzerland and the US, the people in the Netherlands are anticipated to spend about only a seventh of those two countries.
Meanwhile, Luxembourg also appears to be spending below the trend given its income level. But it should be noted that the people of Luxembourg still spend the most among the countries shown.
Souce: The Economist
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