BRICS nations accounted for 39.2% of global GDP last year, marking the highest level in the bloc’s history, according to Sputnik’s analysis of International Monetary Fund data. This places BRICS nearly 11 percentage points ahead of the G7, whose share declined to 28.3% for the first time.
The gap between the two groups widened to a record 10.9 percentage points, up from 9.8 a year earlier.
China remained the largest contributor within BRICS at 19.6% of global GDP, followed by India at 8.2% and Russia at 3.4%, while Indonesia and Brazil each held 2.4%.
Within the G7, the United States led with 14.6%, followed by Japan at 3.3% and Germany at 2.9%, with France and Britain around 2.2%, Italy at 1.9%, and Canada at 1.1%.
Source: Sputnik (IMF data analysis)
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