{"id":726,"date":"2019-08-14T09:42:05","date_gmt":"2019-08-13T23:42:05","guid":{"rendered":"https:\/\/asiaadvisory.co\/?p=726"},"modified":"2019-08-14T09:42:05","modified_gmt":"2019-08-13T23:42:05","slug":"bts-effect-contributing-over-3-5bn-of-economic-value-to-the-korean-economy","status":"publish","type":"post","link":"https:\/\/asiaadvisory.co\/bts-effect-contributing-over-3-5bn-of-economic-value-to-the-korean-economy\/","title":{"rendered":"The “BTS Effect” contributing over $3.5Bn of economic value to the Korean Economy"},"content":{"rendered":"
\n

With the group announcing a break to enjoy their 20’s now is a good time to reflect on the contributions of the world’s most popular boy-band. <\/p>\n\n\n\n

BTS generated over $3.5Bn of economic value for the Korean economy in 2017 and is the reason 796,000 foreigners visit Korea annually according to the Hyundai Research Institute. <\/p>\n\n\n\n

The group is also responsible for contributing $1.1Bn worth of consumer goods exports for the Korean economy including clothing, cosmetics and food products, making up approx 1.7% of total consumer goods exports. <\/p>\n\n\n\n

https:\/\/www.linkedin.com\/posts\/asia-advisory_the-bts-effect-on-south-koreas-economy-activity-6567184048249245696-5ya_<\/a><\/p>\n\n\n\n

#Hallyu<\/a> #Korea<\/a> #BTS<\/a> #KWave<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

With the group announcing a break to enjoy their 20’s now is a good time to reflect on the contributionsRead More<\/i><\/a><\/p>\n","protected":false},"author":142704466,"featured_media":730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","ub_ctt_via":"","spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[626925,657,3956,24508,90141,41400172,9826],"tags":[626925,300551,3956,24508,9260040,4332,9826],"rise-blocks_total_comments":0,"rise-blocks_categories":[{"term_id":626925,"name":"BTS","slug":"bts","term_group":0,"term_taxonomy_id":249,"taxonomy":"category","description":"","parent":0,"count":1,"filter":"raw","cat_ID":626925,"category_count":1,"category_description":"","cat_name":"BTS","category_nicename":"bts","category_parent":0},{"term_id":657,"name":"economics","slug":"economics","term_group":0,"term_taxonomy_id":71,"taxonomy":"category","description":"","parent":0,"count":6,"filter":"raw","cat_ID":657,"category_count":6,"category_description":"","cat_name":"economics","category_nicename":"economics","category_parent":0},{"term_id":3956,"name":"Korea","slug":"korea","term_group":0,"term_taxonomy_id":31,"taxonomy":"category","description":"","parent":0,"count":16,"filter":"raw","cat_ID":3956,"category_count":16,"category_description":"","cat_name":"Korea","category_nicename":"korea","category_parent":0},{"term_id":24508,"name":"KPop","slug":"kpop","term_group":0,"term_taxonomy_id":248,"taxonomy":"category","description":"","parent":0,"count":1,"filter":"raw","cat_ID":24508,"category_count":1,"category_description":"","cat_name":"KPop","category_nicename":"kpop","category_parent":0},{"term_id":90141,"name":"Seoul","slug":"seoul","term_group":0,"term_taxonomy_id":118,"taxonomy":"category","description":"","parent":0,"count":4,"filter":"raw","cat_ID":90141,"category_count":4,"category_description":"","cat_name":"Seoul","category_nicename":"seoul","category_parent":0},{"term_id":41400172,"name":"Tourism","slug":"tourism-china","term_group":0,"term_taxonomy_id":206,"taxonomy":"category","description":"","parent":1470,"count":13,"filter":"raw","cat_ID":41400172,"category_count":13,"category_description":"","cat_name":"Tourism","category_nicename":"tourism-china","category_parent":1470},{"term_id":9826,"name":"tourism","slug":"tourism","term_group":0,"term_taxonomy_id":185,"taxonomy":"category","description":"","parent":0,"count":25,"filter":"raw","cat_ID":9826,"category_count":25,"category_description":"","cat_name":"tourism","category_nicename":"tourism","category_parent":0}],"rise-blocks_excerpt":"With the group announcing a break to enjoy their 20’s now is a good time to reflect on the contributions of the world’s most popular boy-band. BTS generated over $3.5Bn of economic value for the Korean economy in 2017 and is the reason 796,000 foreigners visit Korea annually according to the Hyundai Research Institute. The group is also responsible for..","featured_image_src":"https:\/\/asiaadvisory.co\/wp-content\/uploads\/2019\/08\/kpop-dance.jpg","author_info":{"display_name":"Adam O'Neill","author_link":"https:\/\/asiaadvisory.co\/author\/adam718451081\/"},"yoast_head":"\nThe "BTS Effect" contributing over $3.5Bn of economic value to the Korean Economy - Asia Advisory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/asiaadvisory.co\/bts-effect-contributing-over-3-5bn-of-economic-value-to-the-korean-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The "BTS Effect" contributing over $3.5Bn of economic value to the Korean Economy - Asia Advisory\" \/>\n<meta property=\"og:description\" content=\"With the group announcing a break to enjoy their 20’s now is a good time to reflect on the contributionsRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/asiaadvisory.co\/bts-effect-contributing-over-3-5bn-of-economic-value-to-the-korean-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Advisory\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/asiaadvisory\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-13T23:42:05+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/asiaadvisory.co\/wp-content\/uploads\/2019\/08\/kpop-dance.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adam O'Neill\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/asiaadvisory.co\/#website\",\"url\":\"https:\/\/asiaadvisory.co\/\",\"name\":\"Asia Advisory\",\"description\":\"Building people to people links across Asia\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/asiaadvisory.co\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/asiaadvisory.co\/bts-effect-contributing-over-3-5bn-of-economic-value-to-the-korean-economy\/#primaryimage\",\"inLanguage\":\"en-AU\",\"url\":\"https:\/\/asiaadvisory.co\/wp-content\/uploads\/2019\/08\/kpop-dance.jpg\",\"contentUrl\":\"https:\/\/asiaadvisory.co\/wp-content\/uploads\/2019\/08\/kpop-dance.jpg\",\"width\":3840,\"height\":2160},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/asiaadvisory.co\/bts-effect-contributing-over-3-5bn-of-economic-value-to-the-korean-economy\/#webpage\",\"url\":\"https:\/\/asiaadvisory.co\/bts-effect-contributing-over-3-5bn-of-economic-value-to-the-korean-economy\/\",\"name\":\"The \\\"BTS Effect\\\" contributing over $3.5Bn of economic value to the Korean Economy - 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