Country rankings

Engagement Ring Cost by Country

United States has the highest Engagement Ring Avg Median Cost in 2023 ($6,000), followed by Hong Kong ($6,000) and Switzerland ($5,000). Cambodia has the lowest ($550).

Culture58 countries · 2 metricsUpdated Oct 18, 2024Original page
2 sources
Engagement Ring Avg Median CostBetter directionWhether a higher or a lower value is better. A green arrow means higher is better, a red arrow means lower is better, and no arrow means neither.More in the glossary →
Year 202358 of 235 countries
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Engagement Ring Avg Median Cost, 2023

Green is better, red is worse (lower is better). Click a place to highlight it.

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All 58 ranked

Best first.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
$1,800
Middle half $1,300 – $2,738
Average
$2,103
58 countries
Lowest (best)
$550
Pakistan
Highest (worst)
$6,000
Hong Kong

Data

Click a column to sort, a row to highlight that place on the charts.

58 countries · # = rank by Engagement Ring Avg Median Cost
#
1Pakistan$550$300-800
1Bangladesh$550$300-800
1Myanmar$550$300-800
1Nepal$550$300-800
1Cambodia$550$300-800
6Vietnam$850$500-1200
7Ukraine$1,000$500-1500
7Uzbekistan$1,000$500-1500
7Sri Lanka$1,000$500-1500
7Mongolia$1,000$500-1500
11Russia$1,020$680-1360
12Nigeria$1,300$800-1800
12Egypt$1,300$800-1800
12Tanzania$1,300$800-1800
12Kenya$1,300$800-1800
12Colombia$1,300$800-1800
12Uganda$1,300$800-1800
12Algeria$1,300$800-1800
12Morocco$1,300$800-1800
12Venezuela$1,300$800-1800
12Zambia$1,300$800-1800
12Kazakhstan$1,300$800-1800
12Romania$1,300$800-1800
12Fiji$1,300$800-1800
25Indonesia$1,400$800-2000
26Mexico$1,500$1000-2000
27Malaysia$1,750$1000-2500
27Zimbabwe$1,750$1000-2500
27Maldives$1,750$1000-2500
30Argentina$1,850$1200-2500
31United Kingdom$1,950$1300-2600
32Turkey$2,000$1200-2800
32Chile$2,000$1200-2800
32Hungary$2,000$1200-2800
32Slovakia$2,000$1200-2800
32Croatia$2,000$1200-2800
37South Africa$2,025$1350-2700
38Spain$2,400$1200-3600
39Poland$2,500$1500-3500
39Czechia$2,500$1500-3500
39Portugal$2,500$1500-3500
39Ireland$2,500$1500-3500
43Brazil$2,700$1800-3600
44Sweden$2,750$2000-3500
45Italy$3,000$1800-4200
45Austria$3,000$2000-4000
45Finland$3,000$2000-4000
48Canada$3,200$2400-4000
49Taiwan$3,500$2500-4500
49Netherlands$3,500$2500-4500
49Belgium$3,500$2500-4500
49Denmark$3,500$2500-4500
49Norway$3,500$2500-4500
54New Zealand$3,750$3000-4500
55Australia$4,200$3500-4900
56Switzerland$5,000$4000-6000
57United States$6,000$5000-7000
57Hong Kong$6,000$5000-7000

What correlates with Engagement Ring Avg Median Cost (2023)?

Pearson r against 1,780 other country metrics sharing at least 35 countries. Correlation is not causation.

Higher together

Places that have a higher Engagement Ring Avg Median Cost tend to score higher on these

  1. Health Spending per Person (US$)Health Indicators by Country (World Bank)
    r = +0.92 · very strong · n = 55
    Plot
  2. Mean WealthWealth per Adult by Country
    r = +0.91 · very strong · n = 55
    Plot
  3. Wealth per AdultAverage Net Worth by Country
    r = +0.91 · very strong · n = 55
    Plot
  4. Per Capita Healthcare CostsHealth Care Costs by Country
    r = +0.91 · very strong · n = 55
    Plot
  5. Healthcare Expenditure per CapitaHealthcare Spending by Country
    r = +0.90 · very strong · n = 56
    Plot
  6. Consumer Spending per CapitaConsumer Spending by Country
    r = +0.90 · very strong · n = 51
    Plot

Opposite directions

Places that have a higher Engagement Ring Avg Median Cost tend to score lower on these

  1. Brain Drain IndexBrain Drain Countries
    r = −0.79 · very strong · n = 56
    Plot
  2. Brain DrainFailed States
    r = −0.79 · very strong · n = 56
    Plot
  3. External InterventionFailed States
    r = −0.76 · very strong · n = 56
    Plot
  4. Failed States IndexFailed States
    r = −0.75 · very strong · n = 56
    Plot
  5. Fragile States Index
    r = −0.75 · very strong · n = 56
    Plot
  6. State LegitimacyFailed States
    r = −0.75 · very strong · n = 56
    Plot

Quick answers

Which country has the highest Engagement Ring Avg Median Cost?
United States has the highest Engagement Ring Avg Median Cost in 2023, at $6,000, followed by Hong Kong ($6,000) and Switzerland ($5,000).
Which country has the lowest Engagement Ring Avg Median Cost?
Cambodia has the lowest Engagement Ring Avg Median Cost in 2023, at $550.
What is the median Engagement Ring Avg Median Cost across countries?
The median is $1,800 across the 58 countries with data in 2023.
Where does this engagement ring cost by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Global Survey Reveals Diverse Average Engagement Ring Prices Across Countries - Issuu.com; Average Engagement Ring Cost in the US and Around the World - Jewelry Forum.

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