Comparison of spending on famine-relief and various luxuries
By ChatGPT, 3 March 2023
According to data from the United Nations, the estimated cost of providing emergency food assistance to meet the needs of 43 million people affected by acute food insecurity in 2021 is $7.04 billion. In comparison, global spending on gambling, confectionery, alcoholic drinks, and tourism are estimated to be:
Gambling: According to a report by Zion Market Research, the global gambling market was valued at approximately $443 billion in 2020.
Confectionery: According to a report by Euromonitor International, the global confectionery market was valued at approximately $196 billion in 2020.
Alcoholic drinks: According to a report by IWSR Drinks Market Analysis, the global alcoholic drinks market was valued at approximately $1.4 trillion in 2019.
Tourism: According to the United Nations World Tourism Organization, international tourism generated $1.5 trillion in revenue in 2019.
Note by Paul Danon: we spend 500 times as much on these four luxuries as we spend on famine-relief.