Amount of holiday shopping spending South Korea 2023

Published by
Nina Jobst,
Dec 11, 2024
According to a survey conducted by Rakuten Insight in South Korea in November 2023 on consumers holiday shopping behavior, around 37 percent of respondents who planned on going holiday shopping answered that they spend or were willing to spend between one and three hundred thousand South Korean won. Another roughly 22 percent stated that they were planning on spending up to five hundred thousand won.

Most likely amount of money spent on holiday shopping in South Korea as of November 2023

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Release date

December 2023

Region

South Korea

Survey time period

November 9 to 30, 2023

Number of respondents

3,433 respondents

Age group

16 years and older

Method of interview

Online survey

Supplementary notes

Shopping for holiday such as Black Friday, 11.11., Christmas sales, New year's sales etc.

Original question: "How much did you spend/are you planning to spend during the holiday shopping period?"

1,000 South Korean won equals 0.77 U.S. dollars or 0.70 euro as of December 2023.

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