BRICS countries and their GDP in trillion dollars
The BRICS nations—Brazil, Russia, India, China, and South Africa—continue to play a significant role in the global economy.
These countries collectively boast a GDP of approximately $29 trillion, making up about 27.94% of the global economy.
This impressive figure is largely driven by China's massive economic output.
As the largest economy within the BRICS framework, China’s GDP stands at around $17.96 trillion. This positions China as a central pillar within the group, contributing significantly to the overall economic strength of BRICS.
India follows with a GDP of approximately $3.39 trillion. India's economy has been growing rapidly, and it is expected to continue this trend, potentially surpassing other major economies in the coming years.
Russia's GDP is about $2.24 trillion. The country’s economy is heavily influenced by its energy sector, particularly oil and gas exports, which play a crucial role in its economic performance.
Brazil's GDP is around $1.92 trillion. Despite facing economic challenges in recent years, Brazil remains a key player in the BRICS alliance due to its vast natural resources and large market of billionaires.
BRICS' newest member, Saudi Arabia also boasts a GDP of $1.92 trillion. The Kingdom's economy is largely driven by its oil sector, but it is also making significant strides in diversifying its economic activities.
South Africa on the other hand has a GDP of approximately $0.41 trillion. Despite its smaller size, South Africa is a vital member due to its strategic importance and role as a gateway to the African continent.
The BRICS countries collectively represent a significant portion of the world's economic activity. Their combined GDP is nearly on par with that of the United States, which stands at around $26.94 trillion.
This economic power allows the BRICS nations to exert considerable influence on global economic policies and trends.
