RE: Essar5 Apr 2024 15:59
The G20 group incorporates all the main BRICS country’s the relevant comparison should be between BRICS and G7
Share of Global GDP
As of 20201, the BRICS countries contributed 31.5% of global GDP, while the G7’s share fell to 30%.
The BRICS nations’ contributions to the global GDP are expected to exceed 50% by 20301.
Total Population
The BRICS nations have a combined population of approximately 3.24 billion1 people, while G7 countries have around 750.47 million2.
BRICS1 accounts for 40% of the world’s population, while G72 has only about 10% of the world’s population. BRICS1 accounts for 40% of the world’s population, while G72 has only about 10% of the world’s population.