How Much Money Does Bts Make For Korea

South Korean label Big Hit Entertainment home to acts like BTS and TOMORROW X TOGETHER achieved skyrocketing revenue by bringing. In the end BTSs 465 billion.

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When PSY was active the economic effect amounted up to about 1 trillion won 12 billion AUD said Do Jong Hwan the minister of the South Korean ministry of culture sports and tourism.

How much money does bts make for korea. In fact BTS is supposedly responsible for bringing 36 billion into South Koreas economy yearly. Of all the jaw-dropping statistics out of South Korea the splashiest is that K-pop sensation BTS is producingalong with hit songsa whopping 465 billion of. Now they reportedly bring in over 36 billion a year.

An estimated 800000 tourists reportedly chose. According to Celebrity Net Worth BTS earned 170 million just from touring and in September 2020 its label Big Hit Entertainment went public to be sold on the South Korean stock exchange. They increased the countrys popularity contributing to a surge in tourism.

This comes as no surprise since the world-famous group sang many hit songs such as Dope Boy With Luv Spring Day and many more. The K-pop groups devoted fan base has made the boy band massively successful. BTS accounts for 465 billion of South Koreas GDPand other jaw-dropping stats about the supergroup And that puts them in the same financial neighborhood as.

That makes the band as valuable to South Koreas economy as multinational giants like Samsung and Hyundai. In 2017 Korean super group BTS were the reason for one in every 13 tourists visiting South Korea. Its being estimated that BTS has caused an economic effect of 17 trillion won which is USD 14 billion approx thanks to their latest single Dynamite.

On Dec 2018 HRI also revealed that BTS is responsible for contributing 11 billion 17 to. The uber-popular Korean pop boy band BTS accounts for 465 billion of South Koreas GDP per the Hollywood Reporter. BTS is worth over 36 billion a year to South Koreas economy.

They increased South Koreas popularity contributing to a surge in tourism. 15 UPI -- Fans of the seven-member boy band BTS are driving a global surge in the popularity of the Korean Wave and adding 35 billion a year to the South Korean economy according. BTS are worth more than US36 billion a year to South Koreas economy.

Increase of South Koreas Consumer Good Exports. Dec 20 2018 500 am SGT SEOUL South Korean boyband BTS are worth about 41 trillion won S5 billion to the countrys economy every year -. By making a rough estimate with an average between the two fees its predicted that BTS made 26 billion won 22 million USDfrom that one concert alone.

The South Korean company most comparable to BTSs contribution was Korean Air which earned revenues of 1165 billion 07 percent of GDP - in 2018. Researchers estimated that BTS annual production inducement effect which means the economic value added to related industry totals 36 billion annually which is. The South Korean government agency Ministry of Culture Sports and Tourism has revealed the huge impact that BTS have had on the countrys economy.

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