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Vladimir Putin: “The participation of the BRICS in world GDP already exceeds the G7 indicator”

“The share of the BRICS countries in the world gross domestic product (GDP) already exceeds the indicator of the “Big Seven” (G7) and continues to grow.”

Oku.AzAccording to TASS, this was stated by Russian President Vladimir Putin during his speech at the BRICS Business Forum.

“For example, look. 1992: “Big Seven” – 45.5%, the BRICS countries – 16.7% of world GDP in the same year. But now? 2023: our union – 37.4%, “Seven large” and – 29.3%. And “The difference will increase, it is inevitable,” said the Russian leader.

Putin emphasized that the BRICS play an important role in the global economy.

“It is quite clear that this role will increase tomorrow. The countries that are part of our union are, in fact, the driving forces of global economic growth. It is in the BRICS that the main growth in global GDP will occur in the near future.” , stated the Russian president.

Source

Jeffrey Roundtree
Jeffrey Roundtree
I am a professional article writer and a proud father of three daughters and five sons. My passion for the internet fuels my deep interest in publishing engaging articles that resonate with readers everywhere.
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