Every 8th person without a present

Cash under the Christmas tree was rare this year

The cash envelopes under the Christmas tree were on a diet this year.(Bild: rosypatterns - stock.adobe.com)

Cash as a Christmas present was out this year. While 927 million euros were given away in 2020, this year the figure was just 713 million euros. One in eight people did not receive any presents at all for Christmas, and in Tyrol it is even more than one in six.

At the same time, these were more willingly invested in consumption, according to the results of a survey*. Two thirds of gifts were spent, the rest was saved. Last year, it was the other way around.

After vouchers, cash was the second most common Christmas gift, followed by books, clothes and shoes as well as sweets.

32 euros less in the "gift bag" than in 2022
"At an average of 243 euros, the cash gifts this year are 32 euros less than at Christmas last year," says durchblicker boss Martin Spona. But: "One in eight people didn't receive any presents at all for Christmas, and in Tyrol it's even more than one in six."

The cash envelopes under the Christmas tree were on a diet this year.(Bild: rosypatterns - stock.adobe.com)

For three quarters of those surveyed, Christmas presents were financed by their current income. A quarter had to fall back on savings, while another quarter used their 14th salary to do so.

*Survey conducted by the online platform "durchblicker" (sample of almost 1000 people)