BRICS Countries have Officially Overtaken G7 in Share of World Purchasing Power Parity GDP; Mexico Officialy Applies to Join BRICS Alliance

BRICS Countries have Officially Overtaken G7 in Share of World Purchasing Power Parity GDP; Mexico Officialy Applies to Join BRICS Alliance

BRICS countries have officially overtaken G7 in share of world purchasing power parity GDP; Mexico officialy applies to join BRICS alliance.

Brazil, Russia, India, China, South Africa (BRICS) now contribute 31.5% of global GDP, with further projected growth.

Meanwhile, Canada, France, Germany, Italy, Japan, United Kingdom, and United States (G7) falls.