The International Federation of Phonographic Industry (IFPI) is a non-profit organization that represents the recorded music industry worldwide. Its members include over 1,300 music companies from around 60 countries, ranging from major labels to independent music distributors. The IFPI's primary role is to promote the value of recorded music, protect the rights of music companies, and support the growth of the music industry through legal and policy initiatives. It is also responsible for compiling various music charts, including the Global Artist Chart, which ranks the most successful artists across the world based on their album and digital single sales, streaming figures, and other metrics.
On the Global Artist Chart of the International Federation of Phonographic Industry (IFPI), K-Pop idol group BTS has consistently achieved impressive rankings. They first made their appearance on the chart in 2018, securing the second position. The following year, they dropped to seventh place, but they made a stunning comeback in 2020 and 2021 by taking the top spot, which marked a historical achievement for the IFPI as the first artist to rank first for two consecutive years. BTS is also the first non-English singer to consecutively make it to the top ten on the Global Artist Chart for five years. Despite ranking second this year, BTS has undoubtedly made a significant impact on the global music industry.