10 Countries That Spend the Most on Luxury Goods

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3. China

It is estimated that China will be world’s second biggest luxury spender by 2018 if this trend continues. Chinese luxury shoppers are spending just 20% of their money in their native land. Their destination choices are usually Europe, South Korea or Japan.

Amount spent for luxury goods: 19.9 billion $

10 Countries That Spend the Most on Luxury Goods

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