BRICS group set for major expansion

The BRICS group of five emerging economies – Brazil, Russia, India, China and South Africa – has agreed to admit six new members in a move aimed at reshaping the Western-led global order

BRICS members Iran
Joining BRICS in Jan 2024

Brazil Argentina
Egypt Ethiopia
China India
South Africa
Saudi Arabia
UAE Russia

GLOBAL SHARE OF BRICS GROUP (including new members)

Population (2022) 
India China 
17.9% 17.8%
Total 46% 


GDP (2023 projection) 
China India
 18.4% 3.6%
Total 29%

Oil production (2022) 
Russia Saudi Arabia
11.9% 12.9%
Total 43%


Current members 
New members 
Rest of world

Sources: BBC, Energy Institute, IMF, World Population Review
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