The BRICS group today

This final episode looking at the BRICS group considers its significance. BRICS countries account for just about 30% of the world’s land surface, 40% of the world’s population – that’s 3.2 billion people, and growing. Their economies have more than 25% of the world’s GDP. And between 2003 and 2007, the growth of the four initial members accounted for 65% of the expansion of world GDP. Looking ahead, it’s thought that when the new countries formally join the group, their share of the world’s population will rise to 47% and its share of GDP will rise to 36%, whilst it’s projected that they will have more than 50% by 2030bAnd its also worth comparing this to the G7s share of GDP which currently stands at 30%. 

 

Intro and outro music curtesy of slip.stream:

https://slip.stream/tracks/58fb6726-c035-4d10-a8e8-eba70e5164ad