spent their money on food and beverages to make up for purchases they could not make during the COVID-19 pandemic.
According to a survey conducted in 2021, more than 30 percent of Seoul citizens who reported to have been engaged in revenge spending said they did so in the 4th quarter of 2020. While around 24 percent of Seoul citizens surveyed reported spending more than usual during the survey period, many of them Share of Seoul citizens who engaged in revenge spending in South Korea from 2020 to the 1st quarter of 2021, by quarter
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Seoul Institute. (April 7, 2021). Share of Seoul citizens who engaged in revenge spending in South Korea from 2020 to the 1st quarter of 2021, by quarter [Graph]. In Statista. Retrieved May 30, 2024, from https://www.statista.com/statistics/1228913/south-korea-revenge-spending-among-seoul-citizens-by-quarter/
Seoul Institute. "Share of Seoul citizens who engaged in revenge spending in South Korea from 2020 to the 1st quarter of 2021, by quarter." Chart. April 7, 2021. Statista. Accessed May 30, 2024. https://www.statista.com/statistics/1228913/south-korea-revenge-spending-among-seoul-citizens-by-quarter/
Seoul Institute. (2021). Share of Seoul citizens who engaged in revenge spending in South Korea from 2020 to the 1st quarter of 2021, by quarter. Statista. Statista Inc.. Accessed: May 30, 2024. https://www.statista.com/statistics/1228913/south-korea-revenge-spending-among-seoul-citizens-by-quarter/
Seoul Institute. "Share of Seoul Citizens Who Engaged in Revenge Spending in South Korea from 2020 to The 1st Quarter of 2021, by Quarter." Statista, Statista Inc., 7 Apr 2021, https://www.statista.com/statistics/1228913/south-korea-revenge-spending-among-seoul-citizens-by-quarter/
Seoul Institute, Share of Seoul citizens who engaged in revenge spending in South Korea from 2020 to the 1st quarter of 2021, by quarter Statista, https://www.statista.com/statistics/1228913/south-korea-revenge-spending-among-seoul-citizens-by-quarter/ (last visited May 30, 2024)
Share of Seoul citizens who engaged in revenge spending in South Korea from 2020 to the 1st quarter of 2021, by quarter [Graph], Seoul Institute, April 7, 2021. [Online]. Available: https://www.statista.com/statistics/1228913/south-korea-revenge-spending-among-seoul-citizens-by-quarter/