Jump to content
OneHallyu Will Be Closing ~ Read Only Starting Dec. 20th ~ Shutdown Dec. 25th ×
OneHallyu

BTS new single “Dynamite” is expected to create an economic effect worth 1.7 trillion won in Korea


satoori

Recommended Posts

[Article/Naver] BTS The 'dynamite' economic effect is 1.7 trillion won

A study jointly conducted by the Ministry of Culture, Sports and Tourism and Korea Culture & Tourism Institute finds that the estimated economic impact of BTS's Dynamite is 1.7 trillion KRW (1.43 billion USD) even after accounting for the effect of the pandemic on tourism. According to the study, the estimated direct revenue amounts to 245.7 billion KRW, with the exports of related consumer goods (cosmetics, food, clothing, etc.) estimated to increase by 371.7 billion KRW. Inter-industry analysis estimates BTS's Dynamite to have production-inducing effects of 1.23 trillion KRW and value-added creation effects of 480.1 billion KRW, creating 7,928 jobs. It accounts for the consequences of the pandemic such as the lack of tourism revenue created by international tourists and of revenue from offline concerts.

 

original: article
trans cr. post

  • Like 3
  • Love 2
  • Clown 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

Back to Top