New Year’s Eve Worldwide: Public Holidays, Closures & Early Market Hours
New Year's Eve 2026 falls on Thursday, December 31.
Every December 31, millions of professionals and travelers ask the identical question: "Is New Year’s Eve a public holiday?" Across the majority of the world, December 31 is an ordinary statutory workday. However, Thailand and the Philippines designate it as a full statutory public holiday; Japan enforces a statutory administrative shutdown from December 29 to January 3; and when January 1 falls on a Saturday, the United States federal government and Taiwan observe Friday, December 31 as a full statutory day off. Crucially for business and finance, major stock exchanges including the LSE, Euronext, SGX, and HKEX enforce mandatory early market closes.
Also known as: December 31 · Silvester · Nochevieja · Réveillon · 大晦日 · Last Day of the Year
The short answer
4 countries and regions in our calendar mark it. Dates and days off below cover 2025–2028.
- 2025
- Wednesday, December 31
- 2026
- Thursday, December 31
- 2027
- Friday, December 31
- 2028
- Sunday, December 31
Dates year by year
Dates by country and year
Compare the festival date across countries and every year we publish.
| Country / region | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Thailand | December 31, 2025 | December 31, 2026 | December 31, 2027Provisional | December 31, 2028Provisional |
| Philippines | December 31, 2025 | December 31, 2026 | December 31, 2027 | December 31, 2028Provisional |
| Japan | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| United States | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027 | December 31, 2028Not a public holiday |
| United Kingdom | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| France | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Germany | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Singapore | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Hong Kong | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Taiwan | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027 | December 31, 2028Not a public holiday |
| China | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| South Korea | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Sweden | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Norway | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Brazil | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Chile | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Australia | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Canada | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Italy | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
| Spain | December 31, 2025Not a public holiday | December 31, 2026Not a public holiday | December 31, 2027Not a public holiday | December 31, 2028Not a public holiday |
Who gets the day off
Every row is derived from that country’s official calendar on this site, so the day counts include substitute days and government bridge days exactly as gazetted.
New Year's Eve 2025
| Country / region | Called | Date | Days off |
|---|---|---|---|
| Thailand | New Year's Eve (วันสิ้นปี)Official nationwide statutory public holiday designated by royal decree and cabinet resolution; links with New Year’s Day for a continuous national holiday break. | December 31, 2025 | 1days |
| Philippines | Last Day of the YearProclaimed annually as a nationwide Special Non-Working Day by presidential decree (Proclamation 1427); schools and government close, "no work, no pay" applies to private staff unless stipulated. | December 31, 2025 | 1days |
| Japan | Year-End Administrative Closure (年末年始閉庁)Under the Act on Administrative Organs’ Holidays (Act No. 91 of 1988), all public offices shut from Dec 29 to Jan 3; banks close, and Japan Exchange Group (JPX) has zero trading. | December 31, 2025 | Working day |
| United States | Dec 31 Workday · Observed New Year Holiday in 2027Normally a regular working day; NYSE operates full hours. However, when Jan 1 falls on Saturday (as in 2028), 5 U.S.C. 6103(b) shifts the federal New Year holiday to Friday Dec 31 (full statutory shutdown). | December 31, 2025 | Working day |
| United Kingdom | Dec 31 Regular Workday · LSE Early Close at 12:30Not a UK bank holiday; however, the London Stock Exchange (LSE) systematically enforces an early trading close at 12:30 GMT, and corporate offices universally close by mid-afternoon. | December 31, 2025 | Working day |
| France | Dec 31 Regular Workday · Euronext Closes at 14:05Standard working day (Réveillon de la Saint-Sylvestre); Euronext Paris halts cash equity trading early at 14:05 CET, while shops and restaurants operate intensive evening hours. | December 31, 2025 | Working day |
| Germany | Dec 31 Silvester · Frankfurt Exchange ClosedNot a federal statutory holiday (gesetzlicher Feiertag), but widely treated as a half-day or full holiday under collective bargaining agreements; Deutsche Börse is fully closed. | December 31, 2025 | Working day |
| Singapore | Dec 31 Workday · SGX Early Close at 12:30Regular working day across the republic; Singapore Exchange (SGX) operates on an early-close schedule, terminating securities trading at 12:30 SGT. | December 31, 2025 | Working day |
| Hong Kong General holiday only | Dec 31 Workday · HKEX Half-Day Close at 12:00Standard working day for banks and civil service; Hong Kong Exchanges and Clearing (HKEX) holds a half-day trading session ending at 12:00/12:10 HKT with no afternoon trading. | December 31, 2025 | Working day |
| Taiwan | Dec 31 Workday · Observed Holiday in 2027Normally an ordinary working day; when Jan 1 falls on Saturday (as in 2028), Taiwanese holiday regulations schedule the substitute holiday to Friday Dec 31 (TWSE closed). | December 31, 2025 | Working day |
| China | Dec 31 Workday · New Year Holiday Bridge AnchorStandard working day; trading on Shanghai and Shenzhen stock exchanges proceeds on normal hours unless overlapped by the official State Council New Year holiday block. | December 31, 2025 | Working day |
| South Korea | Dec 31 Workday · KRX Market Holiday (연말 휴장일)Government offices and general companies work; however, Korea Exchange (KRX) designates the last business day of the year as a market holiday with zero trading. | December 31, 2025 | Working day |
| Sweden | New Year’s Eve (Nyårsafton · De Facto Holiday)Not legally a "red day" (röd dag), but the Annual Leave Act (Semesterlagen) equates Nyårsafton to a Sunday; banks, stock exchange, and corporate offices universally shut. | December 31, 2025 | Working day |
| Norway | New Year’s Eve (Nyttårsaften · Half-Day Work)Commercial shops and municipal services are legally permitted to operate only until early afternoon (often 12:00 or 15:00); widespread collective agreements grant half-day off. | December 31, 2025 | Working day |
| Brazil | Dec 31 Workday · Complete Bank Shutdown (Sem Expediente)Under Central Bank of Brazil (BACEN) regulations, commercial banks hold zero public customer hours on the final business day of the year for annual balancing; B3 exchange closed. | December 31, 2025 | Working day |
| Chile | Dec 31 Workday · Mandatory Bank Closure (Cierre Bancario)Article 38 of Chile’s General Banking Act mandates that banks close their doors to the public on December 31 for balance sheet reconciliation, while other private businesses work. | December 31, 2025 | Working day |
| Australia | Dec 31 Workday · SA/NT Part-Day Holiday & ASX Early CloseNot a national public holiday; however, South Australia and the Northern Territory legally mandate a part-day public holiday from 19:00 to midnight, and the ASX closes at 14:10 AEDT. | December 31, 2025 | Working day |
| Canada | Dec 31 Workday · TSX Early Close at 13:00Not a statutory holiday federally or provincially; the Toronto Stock Exchange (TSX) terminates operations early at 13:00 ET. | December 31, 2025 | Working day |
| Spain | Dec 31 Workday (Nochevieja)Standard working day throughout Spain; retail businesses and offices typically shut down by mid-afternoon for the traditional 12 Grapes of Luck celebration. | December 31, 2025 | Working day |
| Italy | Dec 31 Workday (Notte di San Silvestro)Regular working day across all Italian regions; public services operate on standard schedules until evening family dinners (Cenone di Capodanno). | December 31, 2025 | Working day |
New Year's Eve 2026
| Country / region | Called | Date | Days off |
|---|---|---|---|
| Thailand | New Year's Eve (วันสิ้นปี)Official nationwide statutory public holiday designated by royal decree and cabinet resolution; links with New Year’s Day for a continuous national holiday break. | December 31, 2026 | 1days |
| Philippines | Last Day of the YearProclaimed annually as a nationwide Special Non-Working Day by presidential decree (Proclamation 1427); schools and government close, "no work, no pay" applies to private staff unless stipulated. | December 31, 2026 | 1days |
| Japan | Year-End Administrative Closure (年末年始閉庁)Under the Act on Administrative Organs’ Holidays (Act No. 91 of 1988), all public offices shut from Dec 29 to Jan 3; banks close, and Japan Exchange Group (JPX) has zero trading. | December 31, 2026 | Working day |
| United States | Dec 31 Workday · Observed New Year Holiday in 2027Normally a regular working day; NYSE operates full hours. However, when Jan 1 falls on Saturday (as in 2028), 5 U.S.C. 6103(b) shifts the federal New Year holiday to Friday Dec 31 (full statutory shutdown). | December 31, 2026 | Working day |
| United Kingdom | Dec 31 Regular Workday · LSE Early Close at 12:30Not a UK bank holiday; however, the London Stock Exchange (LSE) systematically enforces an early trading close at 12:30 GMT, and corporate offices universally close by mid-afternoon. | December 31, 2026 | Working day |
| France | Dec 31 Regular Workday · Euronext Closes at 14:05Standard working day (Réveillon de la Saint-Sylvestre); Euronext Paris halts cash equity trading early at 14:05 CET, while shops and restaurants operate intensive evening hours. | December 31, 2026 | Working day |
| Germany | Dec 31 Silvester · Frankfurt Exchange ClosedNot a federal statutory holiday (gesetzlicher Feiertag), but widely treated as a half-day or full holiday under collective bargaining agreements; Deutsche Börse is fully closed. | December 31, 2026 | Working day |
| Singapore | Dec 31 Workday · SGX Early Close at 12:30Regular working day across the republic; Singapore Exchange (SGX) operates on an early-close schedule, terminating securities trading at 12:30 SGT. | December 31, 2026 | Working day |
| Hong Kong General holiday only | Dec 31 Workday · HKEX Half-Day Close at 12:00Standard working day for banks and civil service; Hong Kong Exchanges and Clearing (HKEX) holds a half-day trading session ending at 12:00/12:10 HKT with no afternoon trading. | December 31, 2026 | Working day |
| Taiwan | Dec 31 Workday · Observed Holiday in 2027Normally an ordinary working day; when Jan 1 falls on Saturday (as in 2028), Taiwanese holiday regulations schedule the substitute holiday to Friday Dec 31 (TWSE closed). | December 31, 2026 | Working day |
| China | Dec 31 Workday · New Year Holiday Bridge AnchorStandard working day; trading on Shanghai and Shenzhen stock exchanges proceeds on normal hours unless overlapped by the official State Council New Year holiday block. | December 31, 2026 | Working day |
| South Korea | Dec 31 Workday · KRX Market Holiday (연말 휴장일)Government offices and general companies work; however, Korea Exchange (KRX) designates the last business day of the year as a market holiday with zero trading. | December 31, 2026 | Working day |
| Sweden | New Year’s Eve (Nyårsafton · De Facto Holiday)Not legally a "red day" (röd dag), but the Annual Leave Act (Semesterlagen) equates Nyårsafton to a Sunday; banks, stock exchange, and corporate offices universally shut. | December 31, 2026 | Working day |
| Norway | New Year’s Eve (Nyttårsaften · Half-Day Work)Commercial shops and municipal services are legally permitted to operate only until early afternoon (often 12:00 or 15:00); widespread collective agreements grant half-day off. | December 31, 2026 | Working day |
| Brazil | Dec 31 Workday · Complete Bank Shutdown (Sem Expediente)Under Central Bank of Brazil (BACEN) regulations, commercial banks hold zero public customer hours on the final business day of the year for annual balancing; B3 exchange closed. | December 31, 2026 | Working day |
| Chile | Dec 31 Workday · Mandatory Bank Closure (Cierre Bancario)Article 38 of Chile’s General Banking Act mandates that banks close their doors to the public on December 31 for balance sheet reconciliation, while other private businesses work. | December 31, 2026 | Working day |
| Australia | Dec 31 Workday · SA/NT Part-Day Holiday & ASX Early CloseNot a national public holiday; however, South Australia and the Northern Territory legally mandate a part-day public holiday from 19:00 to midnight, and the ASX closes at 14:10 AEDT. | December 31, 2026 | Working day |
| Canada | Dec 31 Workday · TSX Early Close at 13:00Not a statutory holiday federally or provincially; the Toronto Stock Exchange (TSX) terminates operations early at 13:00 ET. | December 31, 2026 | Working day |
| Spain | Dec 31 Workday (Nochevieja)Standard working day throughout Spain; retail businesses and offices typically shut down by mid-afternoon for the traditional 12 Grapes of Luck celebration. | December 31, 2026 | Working day |
| Italy | Dec 31 Workday (Notte di San Silvestro)Regular working day across all Italian regions; public services operate on standard schedules until evening family dinners (Cenone di Capodanno). | December 31, 2026 | Working day |
New Year's Eve 2027
| Country / region | Called | Date | Days off |
|---|---|---|---|
| Thailand Provisional | New Year's Eve (วันสิ้นปี)Official nationwide statutory public holiday designated by royal decree and cabinet resolution; links with New Year’s Day for a continuous national holiday break. | December 31, 2027 | 1days |
| Philippines | Last Day of the YearProclaimed annually as a nationwide Special Non-Working Day by presidential decree (Proclamation 1427); schools and government close, "no work, no pay" applies to private staff unless stipulated. | December 31, 2027 | 1days |
| United States | Dec 31 Workday · Observed New Year Holiday in 2027Normally a regular working day; NYSE operates full hours. However, when Jan 1 falls on Saturday (as in 2028), 5 U.S.C. 6103(b) shifts the federal New Year holiday to Friday Dec 31 (full statutory shutdown). | December 31, 2027 | 1days |
| Taiwan | Dec 31 Workday · Observed Holiday in 2027Normally an ordinary working day; when Jan 1 falls on Saturday (as in 2028), Taiwanese holiday regulations schedule the substitute holiday to Friday Dec 31 (TWSE closed). | December 31, 2027 | 1days |
| Japan | Year-End Administrative Closure (年末年始閉庁)Under the Act on Administrative Organs’ Holidays (Act No. 91 of 1988), all public offices shut from Dec 29 to Jan 3; banks close, and Japan Exchange Group (JPX) has zero trading. | December 31, 2027 | Working day |
| United Kingdom | Dec 31 Regular Workday · LSE Early Close at 12:30Not a UK bank holiday; however, the London Stock Exchange (LSE) systematically enforces an early trading close at 12:30 GMT, and corporate offices universally close by mid-afternoon. | December 31, 2027 | Working day |
| France | Dec 31 Regular Workday · Euronext Closes at 14:05Standard working day (Réveillon de la Saint-Sylvestre); Euronext Paris halts cash equity trading early at 14:05 CET, while shops and restaurants operate intensive evening hours. | December 31, 2027 | Working day |
| Germany | Dec 31 Silvester · Frankfurt Exchange ClosedNot a federal statutory holiday (gesetzlicher Feiertag), but widely treated as a half-day or full holiday under collective bargaining agreements; Deutsche Börse is fully closed. | December 31, 2027 | Working day |
| Singapore | Dec 31 Workday · SGX Early Close at 12:30Regular working day across the republic; Singapore Exchange (SGX) operates on an early-close schedule, terminating securities trading at 12:30 SGT. | December 31, 2027 | Working day |
| Hong Kong General holiday only | Dec 31 Workday · HKEX Half-Day Close at 12:00Standard working day for banks and civil service; Hong Kong Exchanges and Clearing (HKEX) holds a half-day trading session ending at 12:00/12:10 HKT with no afternoon trading. | December 31, 2027 | Working day |
| China Provisional | Dec 31 Workday · New Year Holiday Bridge AnchorStandard working day; trading on Shanghai and Shenzhen stock exchanges proceeds on normal hours unless overlapped by the official State Council New Year holiday block. | December 31, 2027 | Working day |
| South Korea | Dec 31 Workday · KRX Market Holiday (연말 휴장일)Government offices and general companies work; however, Korea Exchange (KRX) designates the last business day of the year as a market holiday with zero trading. | December 31, 2027 | Working day |
| Sweden | New Year’s Eve (Nyårsafton · De Facto Holiday)Not legally a "red day" (röd dag), but the Annual Leave Act (Semesterlagen) equates Nyårsafton to a Sunday; banks, stock exchange, and corporate offices universally shut. | December 31, 2027 | Working day |
| Norway | New Year’s Eve (Nyttårsaften · Half-Day Work)Commercial shops and municipal services are legally permitted to operate only until early afternoon (often 12:00 or 15:00); widespread collective agreements grant half-day off. | December 31, 2027 | Working day |
| Brazil | Dec 31 Workday · Complete Bank Shutdown (Sem Expediente)Under Central Bank of Brazil (BACEN) regulations, commercial banks hold zero public customer hours on the final business day of the year for annual balancing; B3 exchange closed. | December 31, 2027 | Working day |
| Chile | Dec 31 Workday · Mandatory Bank Closure (Cierre Bancario)Article 38 of Chile’s General Banking Act mandates that banks close their doors to the public on December 31 for balance sheet reconciliation, while other private businesses work. | December 31, 2027 | Working day |
| Australia | Dec 31 Workday · SA/NT Part-Day Holiday & ASX Early CloseNot a national public holiday; however, South Australia and the Northern Territory legally mandate a part-day public holiday from 19:00 to midnight, and the ASX closes at 14:10 AEDT. | December 31, 2027 | Working day |
| Canada | Dec 31 Workday · TSX Early Close at 13:00Not a statutory holiday federally or provincially; the Toronto Stock Exchange (TSX) terminates operations early at 13:00 ET. | December 31, 2027 | Working day |
| Spain Provisional | Dec 31 Workday (Nochevieja)Standard working day throughout Spain; retail businesses and offices typically shut down by mid-afternoon for the traditional 12 Grapes of Luck celebration. | December 31, 2027 | Working day |
| Italy | Dec 31 Workday (Notte di San Silvestro)Regular working day across all Italian regions; public services operate on standard schedules until evening family dinners (Cenone di Capodanno). | December 31, 2027 | Working day |
Rows marked provisional show only the dates already fixed. Where a government sets the length of the break by annual decree — mainland China, Taiwan, Vietnam, Indonesia — the full arrangement has not been published for that year yet, so treat those day counts as a floor and any blank as "not announced", not as a working day.
New Year's Eve 2028
| Country / region | Called | Date | Days off |
|---|---|---|---|
| Thailand Provisional | New Year's Eve (วันสิ้นปี)Official nationwide statutory public holiday designated by royal decree and cabinet resolution; links with New Year’s Day for a continuous national holiday break. | December 31, 2028 | 1days |
| Philippines Provisional | Last Day of the YearProclaimed annually as a nationwide Special Non-Working Day by presidential decree (Proclamation 1427); schools and government close, "no work, no pay" applies to private staff unless stipulated. | December 31, 2028 | 1days |
| Japan | Year-End Administrative Closure (年末年始閉庁)Under the Act on Administrative Organs’ Holidays (Act No. 91 of 1988), all public offices shut from Dec 29 to Jan 3; banks close, and Japan Exchange Group (JPX) has zero trading. | December 31, 2028 | Working day |
| United States | Dec 31 Workday · Observed New Year Holiday in 2027Normally a regular working day; NYSE operates full hours. However, when Jan 1 falls on Saturday (as in 2028), 5 U.S.C. 6103(b) shifts the federal New Year holiday to Friday Dec 31 (full statutory shutdown). | December 31, 2028 | Working day |
| United Kingdom | Dec 31 Regular Workday · LSE Early Close at 12:30Not a UK bank holiday; however, the London Stock Exchange (LSE) systematically enforces an early trading close at 12:30 GMT, and corporate offices universally close by mid-afternoon. | December 31, 2028 | Working day |
| France | Dec 31 Regular Workday · Euronext Closes at 14:05Standard working day (Réveillon de la Saint-Sylvestre); Euronext Paris halts cash equity trading early at 14:05 CET, while shops and restaurants operate intensive evening hours. | December 31, 2028 | Working day |
| Germany | Dec 31 Silvester · Frankfurt Exchange ClosedNot a federal statutory holiday (gesetzlicher Feiertag), but widely treated as a half-day or full holiday under collective bargaining agreements; Deutsche Börse is fully closed. | December 31, 2028 | Working day |
| Singapore Provisional | Dec 31 Workday · SGX Early Close at 12:30Regular working day across the republic; Singapore Exchange (SGX) operates on an early-close schedule, terminating securities trading at 12:30 SGT. | December 31, 2028 | Working day |
| Hong Kong ProvisionalGeneral holiday only | Dec 31 Workday · HKEX Half-Day Close at 12:00Standard working day for banks and civil service; Hong Kong Exchanges and Clearing (HKEX) holds a half-day trading session ending at 12:00/12:10 HKT with no afternoon trading. | December 31, 2028 | Working day |
| Taiwan Provisional | Dec 31 Workday · Observed Holiday in 2027Normally an ordinary working day; when Jan 1 falls on Saturday (as in 2028), Taiwanese holiday regulations schedule the substitute holiday to Friday Dec 31 (TWSE closed). | December 31, 2028 | Working day |
| China Provisional | Dec 31 Workday · New Year Holiday Bridge AnchorStandard working day; trading on Shanghai and Shenzhen stock exchanges proceeds on normal hours unless overlapped by the official State Council New Year holiday block. | December 31, 2028 | Working day |
| South Korea Provisional | Dec 31 Workday · KRX Market Holiday (연말 휴장일)Government offices and general companies work; however, Korea Exchange (KRX) designates the last business day of the year as a market holiday with zero trading. | December 31, 2028 | Working day |
| Sweden | New Year’s Eve (Nyårsafton · De Facto Holiday)Not legally a "red day" (röd dag), but the Annual Leave Act (Semesterlagen) equates Nyårsafton to a Sunday; banks, stock exchange, and corporate offices universally shut. | December 31, 2028 | Working day |
| Norway | New Year’s Eve (Nyttårsaften · Half-Day Work)Commercial shops and municipal services are legally permitted to operate only until early afternoon (often 12:00 or 15:00); widespread collective agreements grant half-day off. | December 31, 2028 | Working day |
| Brazil | Dec 31 Workday · Complete Bank Shutdown (Sem Expediente)Under Central Bank of Brazil (BACEN) regulations, commercial banks hold zero public customer hours on the final business day of the year for annual balancing; B3 exchange closed. | December 31, 2028 | Working day |
| Chile | Dec 31 Workday · Mandatory Bank Closure (Cierre Bancario)Article 38 of Chile’s General Banking Act mandates that banks close their doors to the public on December 31 for balance sheet reconciliation, while other private businesses work. | December 31, 2028 | Working day |
| Australia Provisional | Dec 31 Workday · SA/NT Part-Day Holiday & ASX Early CloseNot a national public holiday; however, South Australia and the Northern Territory legally mandate a part-day public holiday from 19:00 to midnight, and the ASX closes at 14:10 AEDT. | December 31, 2028 | Working day |
| Canada | Dec 31 Workday · TSX Early Close at 13:00Not a statutory holiday federally or provincially; the Toronto Stock Exchange (TSX) terminates operations early at 13:00 ET. | December 31, 2028 | Working day |
| Spain Provisional | Dec 31 Workday (Nochevieja)Standard working day throughout Spain; retail businesses and offices typically shut down by mid-afternoon for the traditional 12 Grapes of Luck celebration. | December 31, 2028 | Working day |
| Italy | Dec 31 Workday (Notte di San Silvestro)Regular working day across all Italian regions; public services operate on standard schedules until evening family dinners (Cenone di Capodanno). | December 31, 2028 | Working day |
Rows marked provisional show only the dates already fixed. Where a government sets the length of the break by annual decree — mainland China, Taiwan, Vietnam, Indonesia — the full arrangement has not been published for that year yet, so treat those day counts as a floor and any blank as "not announced", not as a working day.
Where Dec 31 Is an Official Statutory Holiday
Thailand and the Philippines represent the clearest examples of statutory New Year’s Eve holidays. In Thailand, December 31 is an official public holiday by royal decree, coupling with January 1 to guarantee a national holiday bridge. In the Philippines, presidential proclamations designate "Last Day of the Year" as a nationwide Special Non-Working Day, closing public institutions and schools.
Japan’s Statutory Nenmatsu Nenshi Closure (Dec 29 – Jan 3)
In Japan, December 31 is not an individual "National Holiday" (国民の祝日), but it is legally closed under the Act on Holidays of Administrative Organs. All municipal offices, national ministries, tax bureaus, courts, and regional banks shut their public counters entirely from December 29 through January 3. The Tokyo Stock Exchange (JPX) has zero trading on December 31.
Global Stock Market Hours on December 31 (Early Close Schedule)
While offices work in London, Paris, and Singapore, capital markets observe strict early trading sessions on December 31: the London Stock Exchange (LSE) closes at 12:30 GMT; Euronext (Paris, Amsterdam, Brussels) halts cash equities at 14:05 CET; Singapore Exchange (SGX) terminates at 12:30 SGT; Hong Kong Exchanges (HKEX) operates a half-day session closing at 12:00/12:10 HKT; and Australia (ASX) closes early at 14:10 AEDT. By contrast, the New York Stock Exchange (NYSE) runs standard full trading hours unless superseded by an observed holiday.
The Friday "Observed" Exception: When Dec 31 Becomes a Holiday
A unique calendar phenomenon occurs whenever January 1 falls on a Saturday (such as New Year’s Day 2028). Under US federal law (5 U.S.C. 6103(b)), when a public holiday falls on a Saturday, the preceding Friday is observed as the legal holiday. Consequently, Friday, December 31, 2027 becomes "New Year’s Day (observed)", giving federal employees, courts, and financial markets a complete three-day weekend. Taiwan implements a matching rule.
Latin American & Nordic Bank Closures on Dec 31
Even in jurisdictions where ordinary retail trade operates, banking sectors often halt. In Brazil, Central Bank regulations mandate that financial institutions conduct zero public business on the year’s final working day for annual closing reconciliations. In Chile, Article 38 of the General Banking Act enforces the annual "Cierre Bancario". In Sweden and Norway, collective agreements and trade customs universally treat December 31 as a de facto half or full day off.
Go deeper
Frequently asked questions
Is New Year’s Eve a public holiday in the United States and UK?
No. Neither the United States federal government nor the United Kingdom designates December 31 as a statutory public holiday or bank holiday. Government offices, postal services, and businesses operate normally, though many private employers grant early dismissal. The sole exception occurs when January 1 is a Saturday, causing Friday December 31 to become an observed holiday under US federal law.
What time does the stock market close on New Year’s Eve?
Most major international exchanges close early on December 31: London (LSE) closes at 12:30 GMT; Euronext (Paris/Amsterdam) closes at 14:05 CET; Singapore (SGX) closes at 12:30 SGT; Hong Kong (HKEX) holds a morning-only half session closing at 12:00 HKT; Australia (ASX) closes at 14:10 AEDT; and Tokyo (JPX) is completely closed all day. The New York Stock Exchange (NYSE) runs standard full hours (closing at 16:00 ET).
Why is December 31 a statutory holiday in Thailand and the Philippines?
Both countries treat the transition between years as a foundational family holiday. In Thailand, royal decrees establishing Wan Sin Pi (วันสิ้นปี) guarantee that citizens traveling from Bangkok to regional home provinces have time for family reunions ahead of New Year merit-making. In the Philippines, presidential proclamations designate the Last Day of the Year to facilitate traditional celebrations alongside Rizal Day (Dec 30).
How does Japan’s Nenmatsu Nenshi administrative shutdown work?
Under Japanese Law No. 91 of 1988, administrative organs must close from December 29 through January 3. While hospitals maintain emergency wards and public transit runs holiday timetables, public counters for city halls, vehicle licensing centers, national taxation, and regular branch banking shut down completely. Most private corporations follow suit, granting corporate year-end holidays.
Can December 31 become a paid day off because of New Year’s Day?
Yes. In countries that implement "Friday-before-Saturday" holiday substitution (notably the United States under 5 U.S.C. 6103(b) and Taiwan), whenever January 1 falls on a Saturday, the preceding Friday (December 31) legally becomes the paid observed holiday for government staff and banks. This occurred most recently on Friday, December 31, 2021, and will next recur on Friday, December 31, 2027.