A video decoding method performed by a video decoding apparatus, according to the present document, comprises the steps of: parsing a flag for weighted prediction from a bitstream; parsing a prediction weighted table syntax from the bitstream on the basis of the flag; generating prediction samples by performing weighted prediction on a current block within a current picture on the basis of the prediction weighted table syntax; and generating reconstructed samples for the current block on the basis of the prediction samples, wherein the prediction weighted table syntax may be parsed from a picture header or slice header of the bitstream on the basis of a value of the flag.