According to a survey conducted in 2022, 30.7 percent of respondents answered to spend between 500,000 and one million South Korean won per luxury purchase, making it the most common spending bracket. Spending less than 500,000 and up to three million won was also equally as common. At the same time, only 5.5 percent of respondents were willing to spend more than three million won per luxury purchase.
Spending on luxury goods per purchase in South Korea as of February 2022
(in 1,000 South Korean won)
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Early Sloth (Pocket Survey). (July 4, 2022). Spending on luxury goods per purchase in South Korea as of February 2022 (in 1,000 South Korean won) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1446935/south-korea-luxury-goods-spending-per-purchase/
Early Sloth (Pocket Survey). "Spending on luxury goods per purchase in South Korea as of February 2022 (in 1,000 South Korean won)." Chart. July 4, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1446935/south-korea-luxury-goods-spending-per-purchase/
Early Sloth (Pocket Survey). (2022). Spending on luxury goods per purchase in South Korea as of February 2022 (in 1,000 South Korean won). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1446935/south-korea-luxury-goods-spending-per-purchase/
Early Sloth (Pocket Survey). "Spending on Luxury Goods per Purchase in South Korea as of February 2022 (in 1,000 South Korean Won)." Statista, Statista Inc., 4 Jul 2022, https://www.statista.com/statistics/1446935/south-korea-luxury-goods-spending-per-purchase/
Early Sloth (Pocket Survey), Spending on luxury goods per purchase in South Korea as of February 2022 (in 1,000 South Korean won) Statista, https://www.statista.com/statistics/1446935/south-korea-luxury-goods-spending-per-purchase/ (last visited November 21, 2024)
Spending on luxury goods per purchase in South Korea as of February 2022 (in 1,000 South Korean won) [Graph], Early Sloth (Pocket Survey), July 4, 2022. [Online]. Available: https://www.statista.com/statistics/1446935/south-korea-luxury-goods-spending-per-purchase/
