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Benzinga

Business

Stjepan Kalinic

BRICS Outpaces G7, The Undeniable Economic Rebalancing

G7 BRICS PPP China India GDP Brazil Russia Egypt Ethiopia

Brazil,Russia,India,China,And,South,Africa,Flag,Print,Screen

The BRICS+ now commands a larger share of world GDP than the G7. The bloc originally comprising Brazil, Russia, India, China, and South Africa has been expanding. Alongside newly added members in Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates, they surpassed the industrialized G7 bloc when measured by purchasing power parity (PPP).

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