The G7 had the lowest share of global GDP in 2022 since 2000

The G7 had the lowest share of global GDP in 2022 since 2000

The group will account for 43% of the global economy in 2022, while the participation of BRICS countries has grown

countries of which it is composed G7a group that includes some of the largest economies in the world, and had the smallest share of gross domestic product (Gross Domestic Product) in 2022, which is the lowest historical level since 2000. According to data from world bankwas the gross domestic product of the countries combined 43.5 trillion dollarsWhat represents 43% of the global economy.

In 2000, it was the group’s GDP $22.1 trillionEquivalent 65% of the world’s economy. The countries that make up the G7 are: GermanyAnd CanadaAnd weAnd FranceAnd ItalyAnd Japan that it United kingdom.

In 2022, the global GDP will be $101.6 trillion. In 2000, the value was US$33.8 trillion. Brazilian economy Senior 2.9% in 2022, which is a slowdown compared to 2021, when the country was advanced 5%.

For last year’s global GDP, the BRICS index (BrazilAnd RussiaAnd IndiaAnd China that it South Africa) equivalent to 25.4%, to close 2022 at US$25.8 trillion.

The G7 has been meeting in Hiroshima, Japan, since Friday (May 19) for the annual summit. President Luiz Inacio Lula da Silva (English) Invited by the Japanese Prime Minister Fumio Kishida to participate in the meeting.

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About the Author: Camelia Kirk

"Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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