Exclusive: Ghana's John Mahama on his planned presidential comeback

Exclusive: Ghana's John Mahama on his planned presidential comeback

Exclusive: Ghana's John Mahama on his planned presidential comeback

Exclusive: Ghana's John Mahama on his planned presidential comeback

Exclusive: Ghana's John Mahama on his planned presidential comeback

Exclusive: Ghana's John Mahama on his planned presidential comeback

BREAKING

BRICS countries and their GDP in trillion dollars

Originally formed by   Brazil,   Russia,   India, and   China (later joined by   South Africa), the BRICS group has grown into a major geopolitical force. As of January 2024, BRICS has expanded to include   Iran,

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.

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