BRICS Now a Larger Share of World Economy Than G7

In 2020 it will surpass the US and the entire EU combined — when adjusted for PPP as it should be

As a side note: the BRICS now have a bigger share of the world economy than the Euro area and the U.S. combined:

In 2019, BRICS combined GDP will surpass (using PPP-adjusted GDP) that of G7 economies, and in 2020, based on IMF forecasts, it will exceed the combined share of the world GDP for the US + EU27 economies.

Not a single BRICS economy is currently represented in G7. Dire…

Source: True Economics



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[…] Source: Checkpoint Asia […]

Inferior
Inferior
21 days ago

Only problem with the tittle is that there is no such thing as BRICS. B is long gone for Uncle Sam’s camp.

Séamus Ó Néill
Séamus Ó Néill
18 days ago
Reply to  Inferior

Uncle Sam’s camp is bankrupt and on the verge of collapse. Apart from countries dumping the dollar, there’s a recession just around the corner and this time America will be unable to fiddle its books like it did previously……believe me collapse and the end of satanic America is imminent !

Jim Santagata
Jim Santagata
18 days ago
Reply to  Inferior

The loss of “B” from the narrative will not matter in a year or two at most. Even just “RIC” without South Africa will soon be the dominators, while we suck wind and dream of yesteryear.

Ramona Silvestri
Ramona Silvestri
18 days ago
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