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BRICS vs. G7 Economies: Who's Stronger?

BRICS vs. G7 Economies Whos Stronger

The BRICS sphere is expanding, with five new members and eight new “partner” countries joining in the past year.

How does this new emerging geopolitical bloc compare with the current leaders in economic and political power?

This chart shows how the BRICS countries compare to the G7 countries by tracking each bloc's combined share of the global economy in 2025.

All data are from the International Monetary Fund. The share was calculated based on nominal GDP forecasts measured in current US dollars. Figures have been rounded.

BRICS vs. G7: Share of the Global Economy

The 10-nation BRICS+ bloc will account for about 29% of the global economy in 2025, which is still dominated by the G7.

CountryGroupGDP 2025 (US$ billion)
USA G7 $30,337 USD
Germany G7 $4922
Japan G7 4389 US dollars
United Kingdom G7 3730 US dollars
France G7 $3283
Canada G7 2330 US dollars
Italy G7 2460 US dollars
China BRICS $19,535 USD
India BRICS $4272
Brazil BRICS 2307 US dollars
Russia BRICS 2196 US dollars
Indonesia BRICS+ $1,493
UAE BRICS+ $569
  $115,494

A quick reminder of who/what BRICS is.

The acronym BRICS was originally used as a way to denote investment opportunities in fast-growing economies in the 2000s.

Since then, the five founding countries (Brazil, Russia, India, China, South Africa) have tried to create a platform that supports a multipolar world. They have prioritized the creation of global institutions parallel to those primarily funded by the G7 countries.

There is also talk of the BRICS countries creating a common currency for trade and abandoning the dollar.

A huge benefit of abandoning the dollar would be the ability to avoid financial sanctions that currently restrict global trade with at least two bloc countries, Russia and Iran.

However, a new BRICS currency is unlikely due to the vastly different economic structures of the member countries. On the other hand, more intra-block trading could take place in national currencies.

For example, India has already used its currency (rupees) to buy crude oil from the UAE.

Geopolitics in the BRICS Invitation Game

The proposal to join the BRICS founders was met with mixed reactions on the world stage. Several countries have joined, including the UAE, Iran, Egypt, Ethiopia and, most recently, Indonesia.

Others have taken a more cautious approach, opting to become a "partner" country, one step below full membership.

Founders of BRICSNew BRICS+ membersBRICS+ PartnersWe invite you to join BRICS+
Brazil UAE Belarus Saudi Arabia (expected)
Russia Iran Bolivia Argentina (Rejected)
India Egypt Cuba N/A
China Ethiopia Kazakhstan N/A
South Africa Indonesia Malaysia N/A
N/A N/A Thailand N/A
N/A N/A Uganda N/A
N/A N/A Uzbekistan N/A

Their caution is not without reason. Some, like Vietnam, rely heavily on trade with the U.S. and will not seek to anger their largest export market.

Another key US ally, Saudi Arabia, has been invited to join BRICS but has yet to respond. Argentina's Javier Miley has flatly refused to join, wanting closer ties with America.

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