Money & BusinessSaudi Arabia

Saudi: Wedding cost among lowest in world, despite increase of 32%

The cost of holding wedding parties in Saudi Arabia is among the lowest in the world, despite an exorbitant increase in the cost within a year.

The cheapest cost of hosting a wedding in the world is in Lahore with an estimated cost of about SR13,200 ($3,500), while the average cost of wedding ceremonies in the Kingdom in May 2022 amounted to SR12,500 ($2,290), according to the latest data of the General Authority for Statistics (GASTAT).

The GASTAT report showed that the average cost of wedding events in the Kingdom rose during a year from SR9,464 to SR12,500, with a total annual increase of 32 percent and a monthly increase of five percent, after it rose from SR11,933 in April this year.

The GASTAT data attributed the recent spike in wedding parties mainly to the rise in food prices, the cost of hotel accommodation, and prices of other components that are included in the cost of wedding.

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Source
Saudi Gazette
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