In 2020, South Koreans over 60 years old spend the most on luxury goods per payment, with spending around 413,154 South Korean won on average per purchase. Among all age groups the average spending on luxury items has increased compared to the previous year, except for consumers in their twenties.
Average spending on luxury items per purchase in South Korea in 2020, by age group
(in 1,000 South Korean won)
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Hana Financial Investment. (August 4, 2021). Average spending on luxury items per purchase in South Korea in 2020, by age group (in 1,000 South Korean won) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1255940/south-korea-average-spending-on-luxury-goods-online-per-purchase-by-age/
Hana Financial Investment. "Average spending on luxury items per purchase in South Korea in 2020, by age group (in 1,000 South Korean won)." Chart. August 4, 2021. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1255940/south-korea-average-spending-on-luxury-goods-online-per-purchase-by-age/
Hana Financial Investment. (2021). Average spending on luxury items per purchase in South Korea in 2020, by age group (in 1,000 South Korean won). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1255940/south-korea-average-spending-on-luxury-goods-online-per-purchase-by-age/
Hana Financial Investment. "Average Spending on Luxury Items per Purchase in South Korea in 2020, by Age Group (in 1,000 South Korean Won)." Statista, Statista Inc., 4 Aug 2021, https://www.statista.com/statistics/1255940/south-korea-average-spending-on-luxury-goods-online-per-purchase-by-age/
Hana Financial Investment, Average spending on luxury items per purchase in South Korea in 2020, by age group (in 1,000 South Korean won) Statista, https://www.statista.com/statistics/1255940/south-korea-average-spending-on-luxury-goods-online-per-purchase-by-age/ (last visited October 31, 2024)
Average spending on luxury items per purchase in South Korea in 2020, by age group (in 1,000 South Korean won) [Graph], Hana Financial Investment, August 4, 2021. [Online]. Available: https://www.statista.com/statistics/1255940/south-korea-average-spending-on-luxury-goods-online-per-purchase-by-age/