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Posted by SquidMaster10 pts Wednesday, December 19, 2018

BTS revealed to have an incredible impact on the South Korean economy

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BTS' impact on the South Korean economy is incredible!

According to a recent study by the Hyundai Research Institute, BTS' total economic impact for South Korea is roughly 5.6 trillion KRW, which equals about 5 Billion USD

The Institute gathered this data from the group's total revenues, such as concert and advertisement revenues, as well as their secondary economic impacts, such as tourism.

The data state when there's a 1% increase in BTS' popularity, 3 months later, foreigners' visit to South Korea increases by 0.45%. The 1% increase in BTS' popularity also leads to a 0.18% increase in clothing, 0.72% increase in cosmetic, and 0.45% increase in food sales in South Korea. It's also noted that BTS' economic impact is about 26 times greater than the average corporation in South Korea.

Incredible! 

  1. BTS
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noname12345-3,041 pts Wednesday, December 19, 2018 0
Wednesday, December 19, 2018

[+] This user has a poor community rating, click here to read this comment.

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GD_Amber1,767 pts Wednesday, December 19, 2018 0
Wednesday, December 19, 2018

It's all speculations, what they mentioned here have been constantly increasing for years, sometimes it high and sometimes low. But to say 5B lol it's a reach and beautiful media play.

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