Bts Korean Economy Percentage

August 24, 2021 Post a Comment

BTS attracts one in every 13 foreign tourists that vist South Korea and were cited as one of the key acts boosting global music sales to 19 billion in 2018. The groups average annual contribution to.

K Pop To Offer Support For South Korea S Pandemic Hit Economy Cgtn

That makes the band as valuable to South Koreas economy as multinational giants like Samsung and Hyundai.

Bts korean economy percentage. K-pop boy band BTS created an economic effect worth 1 trillion won 8607 million with its latest three concerts in Seoul an academic report showed MondayThe septet finished off its latest. Last year The Hollywood Reporter found that BTS accounts for 465 billion of South Koreas GDP which is no doubt a long-tail benefit of. A couple more crazy stats.

South Korean boyband BTS one of Time 100s most influential people of 2019 is literally the countrys national. According to the report BTS now brings in an annual average of 796000 tourists roughly 76 percent of 2017s total number of 104 million. The groups annual production inducement effect is estimated at 36 billion dollars with its added value inducement effect projected at 12 billion dollars.

BTS Estimated to Have a 46 Billion Impact on South Koreas Economy. Some 800000 tourists were believed to have chosen South Korea as their destination last year because of BTS -- more than seven percent of the total visitors to the country. The trailblazing septet cemented their prominence in the worlds biggest music market last week when the all-English track debuted at number one.

Since the bands debut in 2013 BTS has been credited with annual exports of clothing cosmetics and food products. A separate 2018 report from Hyundai Research Institute which examined the groups 2017 impact noted that some 800000 tourists chose to visit South Korea that year because of BTS seven percent. Its believed that about 800000 tourists chose to visit South Korea last year because of BTS which represents just over 7 of the total visitors to.

More than 1 billion in consumer exports such as clothes cosmetics and foodstuffs were associated with them it said. Exports of BTS-related products make up 17 percent of the total South Korean. The uber-popular Korean pop boy band BTS accounts for 465 billion of South Koreas GDP per the Hollywood Reporter.

K-pop sensation BTSs US-chart-topping single Dynamite could generate more than 14 billion for the South Korean economy and thousands of new jobs in the country a government study claimed Monday. BTS sold 300000 tickets for a US. In short BTS is estimated to have been responsible for 76 percent of the 104 million foreign tourists who visited the country last year and 17 percent of consumer exports last year.

Tour in minutes crashing Ticketmaster. BTS is estimated to have been responsible for 76 percent of the total of foreign tourists who visit South Korea. As of 2019 BTS are worth more than 465 billion to South Koreas economy each year or 03 percent of the countrys GDP.

And rightly so.

Bts Can T Save South Korea Though Its 4 7 Billion Gdp Boost Sounds Good