how much money is spent on christmas worldwide

Christmas is a time of giving and receiving gifts, and it's estimated that the global spending on Christmas gifts alone is over $900 billion. That's a lot of money being spent on gifts for family, friends, and coworkers. But Christmas is also about much more than just presents. There's also the cost of decorations, food, travel, and other holiday expenses that add up to a total of over $1 trillion dollars spent worldwide on Christmas each year.