
Several Countries Spend More than 50% Their Monthly Income on Christmas, finds WorldRemit study
Holiday Costs in 14 Countries: Rwanda Spends Highest Percentage of Annual Income, finds WorldRemit study
Majority of Rwandan households spend nearly 60% of annual income on Christmas costs
Six countries observed - Rwanda, Cameroon, Nigeria, Mexico, Lebanon, Philippines - spend 100% or more of monthly income on Christmas
LONDON, 30 November 2021 -- The holiday season is here! Around the world, families are making plans to celebrate the season with unique traditions, once-a-year meals, gifts and more.
In line with this exciting time, WorldRemit conducted a multi-country study1 to determine the true cost of Christmas in 14 countries, mining data to showcase the average costs of traditional Christmas meals, decorations and gifts.
Of the 14 countries observed, data showed