BRICS GDP 2026: $30T Nominal, $79T PPP, Bigger than G7 by PPP
BRICS+ combined GDP is approximately $30 trillion nominal in 2026, around 26 percent of world GDP. On a purchasing-power-parity basis BRICS+ at $79 trillion has overtaken the G7's $58 trillion, making it the larger bloc by real economic volume.
Source: IMF World Economic Outlook (April 2026 release)
BRICS+ Members
| Country | Nominal GDP |
|---|---|
| China | $19.5T |
| India | $4.3T |
| Brazil | $2.3T |
| Russia | $2.1T |
| South Africa | $0.4T |
| UAE (joined 2024) | $0.6T |
| Iran (joined 2024) | $0.4T |
| Egypt (joined 2024) | $0.4T |
| Ethiopia (joined 2024) | $0.2T |
| BRICS+ TOTAL | ~$30T |
What BRICS Is and Why It Matters
BRICS is an inter-governmental organisation comprising originally Brazil, Russia, India, China, and South Africa. The acronym was coined in 2001 by Jim O'Neill, then chief economist at Goldman Sachs (originally as BRIC; South Africa joined in 2010). The group began formal cooperation in 2009 with annual leaders' summits, treating each other as a counterweight to Western-dominated multilateral institutions.
In January 2024 the group expanded to add Egypt, Ethiopia, Iran, and the United Arab Emirates. Saudi Arabia was invited but has not yet formally accepted. Argentina's newly elected government in December 2023 declined membership. The expanded grouping is often referred to as BRICS+ or BRICS-Plus. Indonesia and Algeria have applied for membership.
China dominates the bloc economically, accounting for 68 percent of combined nominal GDP. India is the second-largest and fastest-growing. The combined PPP-adjusted output of BRICS+ surpassing the G7's is sometimes cited as evidence of a shifting global economic centre of gravity, though nominal-USD comparisons (in which the G7 remains significantly larger) better reflect global financial weight.