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100,000 Won Becomes New Wedding Gift Baseline in South Korea, Bank Data Show

Rising prices plus a 2024 tax break nudge contributions upward.

Overview

  • NH NongHyup Bank, which on Thursday released an analysis of 5.33 million transfers from 2023 to 2025, reported the 2025 average wedding gift reached 117,000 won.
  • The long‑time 50,000 won norm is fading as its share fell to 42.3 percent in 2025, while 100,000 won rose to 39.7 percent and 200,000 won climbed to 7.5 percent.
  • High‑value giving grew as gifts of 1 million won or more edged up to 3.17 percent and 10 million won or more to 0.36 percent, with the bank pointing to a 2024 marriage and childbirth tax perk even as outlets differ on its size at either 100 million won or 150 million won.
  • Giving patterns vary by place and age as Seoul averages 134,000 won and people in their 20s and 30s average 138,000 won, with most transfers concentrated on Saturdays and Fridays around ceremonies.
  • Inflation and higher wedding costs are pushing guests to spend more, and a survey last year found 60 percent of office workers view 100,000 won as right for a not‑close coworker, which could lift what couples receive and reset expectations at work and among friends.