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BRICS Challenges G7 Dominance with Continued Expansion

BRICS Challenges G7 Dominance with Continued Expansion

Indonesia was admitted as a full member of the BRICS group of major emerging economies on January 6, 2025. As Statista’s Felix Richter shows in the following chart, the bloc’s footprint in the Global South has continued to expand, growing its economic and political clout on the world stage, establishing a real counterweight to the Western-dominated G7. Iran, Saudi Arabia, Egypt, Ethiopia and the United Arab Emirates formally joined on January 1, 2024. You will find more infographics at Statista Speaking on the expansion of the BRICS, South…

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