The song describes the joyful mood and spirit of Christmas time. It discusses people gathering together to celebrate, children singing Christmas songs, and lifting glasses without worry as it's a time for simply enjoying wonderful Christmas celebrations. The lyrics repeat that it's a time for simply having a wonderful Christmas time.

1. WONDERFUL CHRISTMAS TIME. Paul McCartney
The mood is right
The spirits up
We're here tonight
And that's enough
Simply having a wonderful Christmas time Simply having a wonderful Christmas time
The party's on
The feeling's here
That only comes
This time of year
Simply having a wonderful Christmas time Simply having a wonderful Christmas time
The choir of children sing their song
Ding dong, ding dong
Ding dong, ding ohhhh
Ohhhhhhh
Simply having a wonderful Christmas time Simply having a wonderful Christmas time
The word is out
About the town
To lift a glass
Ahhh don't look down
Simply having a wonderful Christmas time Simply having a wonderful Christmas time
The choir of children sing their song
They practiced all year long
Ding dong, ding dong
Ding dong, ding dong
Ding dong, ding dong
The party's on
The spirits up
We're here tonight
And that's enough
Simply having a wonderful Christmas time Simply having a wonderful Christmas time
The mood is right
The spirits up
We're here tonight
And that's enough
Simply having a wonderful Christmas time Simply having a wonderful Christmas time
Simply having a wonderful Christmas time