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  2. Aug 22, 2023 · This chart shows G7 and BRICS countries' share of global GDP at purchasing power parity in 1995, 2010 and 2023.

  3. Aug 11, 2023 · BRICS comprises Brazil, Russia, India, China, and South Africa, while G7 includes Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union. The priorities and approaches of these two groups are different, as their relationship is not explicitly confrontational.

  4. Apr 24, 2024 · Despite mostly lower growth forecasts in 2024 compared to 2023, BRICS nations still have a significantly higher average growth forecast at 3.6% compared to the G7 average of 1%. While the G7 countries’ combined GDP is around $15 trillion greater than the BRICS nations, with continued higher growth rates and the potential to add more members ...

    • Niccolo Conte
  5. Aug 22, 2023 · The Brics countries accounted for 32 per cent of global GDP against the G7’s 30 per cent. The rest of the world contributed the remaining 39 per cent. The G7 is made up of traditional economic powerhouses – the US, Canada, the UK, Germany, France, Italy and Japan.

    • Simon Rushton
  6. Jul 27, 2023 · By the IMF’s projections, BRICS countries will constitute more of the world economy in 2023 ($56 trillion) than the G7 ($52 trillion) using PPP-adjusted GDPs. How Will BRICS and G7 Compare in the Future?

    • James Eagle
  7. Feb 4, 2024 · The group consists of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The European Union is also represented at the G7 meetings. G7 accounts for about 10% of the world's population, 40% of the world's GDP, and 31% of the world's trade.

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