ST. PETERSBURG, June 20. /TASS/. The G7's share in the world economy is decreasing year after year, while the BRICS' share is growing, Russian President Vladimir Putin said at the plenary session of ...

As Dmitry Peskov noted, there are other formats, such as BRICS, representing countries, whose share in the global economy surpasses those of G7 nations ...

With BRICS countries representing about half of the world population, 36% of territory, 39% of world GDP (compared to G7's 28.4%) and 23% of international trade — the alliance can leverage its ...

Whereas the G7 nations the United States, the United Kingdom, Canada, France, Germany, Italy, and Japan once provided the highest percentage of the world's GDP, over the last decade, that number ...

It is no longer news that Nigeria is now a partner-nation of an intergovernmental organisation better known by its acronym, BRICS: Brazil, Russia, India, China, South Africa. The first summit was ...

Government should rise to the occasion and prove that the country is not finished on the global scene, writes Monday Philips EKPE ...

The BRICS currently account for 50% of global GDP compared with 23% for the G7 countries or more than double the G7's. By 2030 their share of global GDP would be expected to hit 55% with new ...

The gap has been steadily widening, with the BRICS now accounting for 35% of the world's GDP, compared to 30% for the G7 members. With even more countries joining the informal division, the BRICS now ...

As of 2024, BRICS countries’ share of global GDP in terms of purchasing power parity (PPP) is 34.9 percent as opposed to the G7’s 30.05 percent, whereas, in 2000, the G7 stood at 43.28 percent ...