BRICS Now a Larger Share of World Economy Than US and EU Combined
September 16, 2019
by Edward Morgan
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As a side note: the BRICS now have a bigger share of the world economy than the Euro area and the U.S. combined:
In 2019, BRICS combined GDP will surpass (using PPP-adjusted GDP) that of G7 economies, and in 2020, based on IMF forecasts, it will exceed the combined share of the world GDP for the US + EU27 economies.
Not a single BRICS economy is currently represented in G7. Dire…
Source: Prepare For Change
Source: Checkpoint Asia