130

78

News

CNN predicts BTS will have an impact of $48 billion to Korea's economy by 2023

AKP STAFF
Posted by jennywill Sunday, December 29, 2019

It's not just Korean experts predicting that BTS has an incredible impact on Korea's economy.

CNN published an article titled "'Why the past decade saw the rise and rise of East Asian pop culture', and in it, predicted that by 2023, BTS would have an impact of 56.16 trillion KRW (48 billion USD) on Korea's economy. The predicted outcome is, of course, not just from album sales and concert revenue, but also from all the tourism that would come into play from BTS.

What an amazing number!

  1. BTS
45 21,743 Share 63% Upvoted
 
taeswife0613
taeswife061313,125 pts Monday, December 30, 2019 0
Monday, December 30, 2019

Okay, this isn't even about fan wars or some petty money. This is 48 BILLION DOLLARS! People, BTS does really have an impact around the world. The way that Korea went from being one of the poorest countries in the mid to late 1900's to now being very very rich and powerful is insane.

2 (+4 / -2)
Share
 
jstar1 (Banned)
jstar1 (Banned)-62 pts Monday, December 30, 2019 0
Monday, December 30, 2019

Comment has been deleted

1 (+4 / -3)
Share

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
i-dle, Miyeon, Minnie
i-dle's Minnie faces backlash over outfit at W Korea's Breast Cancer Awareness event
1 hour ago      6,346
Jo Se Ho, J.Y. Park, MAMAMOO, Hwa Sa, Yoo Jae Suk, 2PM, Wooyoung
2PM’s Wooyoung regrets choosing cash over JYP shares after 10-year surge
6 hours ago      4,324
misc.
Actress A sentenced to two years in prison for drug use and assaulting police, caught using drugs again on day of release
11 hours ago      12,968
BTS, V, j-hope, RM, Go Hyun Jung, Lee Young Ae, Park Eun Bin
Park Eun Bin sparks attention by leaving 'W Korea’s Breast Cancer Event' early
8 hours ago      18,883
aespa, ALLDAY PROJECT, Taeyang, BTS, V, j-hope, RM, Choo Young Woo, ENHYPEN, i-dle, Ha Jung Woo, IVE, Jay Park, Jung Hae In, Lee Chae Min, Lee Dong Hwi, Lee Min Ho, Lee Soo Hyuk, Hwa Sa, MONSTA X, Shownu, Hyungwon, Park Eun Bin, Park Gyu Young, Stray Kids, Junho (Lee Jun Ho), Gong Myung
'Breast Cancer Awareness Event' by 'W Korea' facing scathing backlash: drinking, partying, raising zero dollars for breast cancer
14 hours ago      42,246
Heo Nam Jun, Lim Ji Yeon
Lim Ji Yeon and Heo Nam Jun confirmed as leads for new SBS drama 'Brave New World'
14 minutes ago      175
G-Dragon
Fans outraged as G-Dragon’s chart-topping hit “Home Sweet Home” gets snubbed from MAMA 2025 nominations
43 minutes ago      674
Kim Jong Kook
Kim Jong Kook clarifies rumors about deleting 'honeymoon workout' video capturing silhouette of his wife
44 minutes ago      1,252
BLACKPINK, Lisa
BLACKPINK's LISA was the Most Talked-about Celebrity Worldwide at the 2025 Victoria's Secret Fashion Show thanks to her song "New Woman."
1 hour ago      2,205
i-dle, Miyeon, Minnie
i-dle's Minnie faces backlash over outfit at W Korea's Breast Cancer Awareness event
1 hour ago      6,346
i-dle, Miyeon, Minnie
i-dle's Minnie faces backlash over outfit at W Korea's Breast Cancer Awareness event
1 hour ago      6,346
TWICE
TWICE 10 Years Later: 'The Story Goes On' Album Review
2 hours ago      561
G-Dragon
G-Dragon Makes History as First Idol to Receive Okgwan Order of Cultural Merit
1 hour ago      615
Hanni
NewJeans Hanni feature remains most viewed on Lee Mujin Service
1 hour ago      721
Kim Jong Kook
Kim Jong Kook clarifies rumors about deleting 'honeymoon workout' video capturing silhouette of his wife
44 minutes ago      1,252
New Message

SEND