BRICS share in global GDP already exceeds G7 share and continues to grow - Putin ...Middle East

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MOSCOW: The share of BRICS countries in the global gross domestic product (GDP) already exceeds the one of G7 and continues to grow, the Russian news agency (TASS) reported, citing President Vladimir Putin at the BRICS Business Forum.“For example, let’s take 1992 - [the share of] the Group of Seven is 45.5 per cent, and in the same year the BRICS countries (account for) 16.7 per cent of global GDP.“And now? In 2023 our association (accounts for) 37.4 per cent, and the (share of) Group of Seven is 29.3 per cent. The gap is widening and it will widen, this is inevitable,“ the Russian leader noted.Putin stressed that BRICS plays a significant role in the global economy not only today.“It is qui

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