Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.
Recent survey findings from RetailMeNot show that this season's wedding guests plan to spend $195 on a sibling's wedding gift, $159 on a best friend, $63 on a coworker and $45 on an acquaintance. Yet other sources say somewhere in the ballpark of $75-100 for a coworker, and $100-125 for a friend is appropriate.
The majority of wedding guests who are friends of the bride and groom spent less than $100 for a gift, according to a 2010 survey by TheKnot.com. Relatives shelled out an average of $146 on wedding gifts and were twice as likely to spend more than $100 compared with friends of the couple.he experts at TheKnot.com recommend using a 60-20-20 split if youâre trying to budget for several events for one couple. Spend 20% of your budget on the engagement party gift, 20% on a gift for a bridal shower or other pre-wedding occasion, and reserve 60% for the wedding gift itself.