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Economic insights

February 13, 2026

 

Love is in the air — and in the checkout lane

Here’s what Valentine's Day spending data reveals about romance around the world.

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Vicki Hyman

Director,

Global Communications,

Mastercard

Love doesn't just make the world go round — it also gives local economies a noticeable boost every February. Using anonymized and aggregated spending data on Valentine's Day 2025 as compared with the average Friday in January and February that year, a global analysis from Mastercard Economics Institute shows how people around the world celebrate love, from romantic dinners to chocolate treats to less traditional tokens of love.

 

The way to one’s heart is through … the Tidewater

Coquille Saint-Jacques in Paris. Oysters in New Orleans. Silky stuffed pasta in San Remo, Italy. A sizzling dry-aged steak in Brooklyn. And in Williamsburg, Virginia, best known for its Colonial heritage … jugged hare and marrow pudding? These five cities saw the highest jump in restaurant spending on Valentine’s Day, with Williamsburg posting a 513% increase. That’s a lot of marrow pudding. Rounding out top 10: Castel Gondolfo, Italy, best known as the summer residence of the Pope; Cape Town; San Antonio, Texas; Quezon City, Philippines; and Cologne, Germany.

 

   

Romance is good for business — small business

Does size matter? Looking more deeply into spending data at New York City restaurants, it’s clear that smaller restaurants felt the love from diners. Independent restaurants saw a 70% increase on Valentine’s Day over the rest of the week, roughly twice the boost enjoyed by big chains. What’s bigger is the appetite: The average individual check rose nearly 29% at smaller venues, versus only 3.5% at larger restaurants.  

   

Whatever floats your boat

Florists are the real MVPs of Valentine’s Day, with spending blooming regardless of country, from a 632% increase in Germany to nearly 1,000% in the U.S. But a deep dive into spending trends discovered that desires vary widely. In France, gifts tended toward the traditional, with candy and chocolate spending rising 109%, followed by cosmetics (presumably perfume) up 47%. In Italy, the Romeos sought out molto bling, with a 237% boost in precious jewelry sales (and a 74% increase in photography services, hmmm). In Japan, candy stores saw an 81% spike — and a 55% lift in art supplies. There was a spike in more experiential spending in the U.K., with movie theaters showing a 138% increase and live theater a 60%​ boost. And in Germany, well, let’s hope the fräuleins aren’t prone to seasickness: Spending in the boat leasing and dealer category rose 157%. 

    

    

Where they melt for chocolate

The top cities for Vlentine's Day chocolate sales were almost entirely in Europe — London, Rome, Warsaw (the center of Polish chocolate-making), Milan, Zurich, Turin (home of gianduja, Italy’s most iconic chocolate), and Krakow. The sole outlier? The Big Apple in a box of European truffles. 

How romance scammers manipulate their victims

Online romance fraud is on the rise but often underreported because of the stigma associated with being emotionally manipulated. 

A person holds a smartphone with a dating app open on it.