Today, BRICS countries represent half of the global population, a coalition with growing economic heft. Unlike many Western powers, many BRICS countries are seeing rapid GDP growth driven by significant investment, trade, and demographic change. In an increasingly multipolar world, this group is exerting more influence as it expands. This graphic compares real GDP growth projections of BRICS vs G7 countries, based on data from the IMF’s World Economic Outlook October Update.
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