“Currently, the BRICS group is about 40% of global GDP (a group of seven is less than 29%) … more than 45% of the world’s population. The global south has increased. “
The Brics group was founded in 2006. In 2011, South Africa joined the original membership, which included Brazil, Russia, India and China. Egypt, Iran, the United Arab Emirates and Ethiopia became full members of January 1, 2024. Indonesia joined Brexes as a complete member on January 6, 2025. Brexis will move from Brazil to India in 2026.
Source: TAS