BRICS vs G7: Which Is Stronger From Finances to Power?

Source: Live Hindustan | Original Published At: 2026-09-13 01:54:32 UTC

Key Points

• The BRICS summit in New Delhi entered its second day, with the New Delhi Declaration adopted unanimously on the first day.
• The article compares BRICS and G7 across membership, population, economic indicators, global trade, and geopolitical positioning.
• BRICS expanded from its original members to include South Africa, the United Arab Emirates, Ethiopia, Egypt, Saudi Arabia, Iran, and Indonesia, bringing its membership to 11 countries.
• BRICS represents about half of the world's population and has a larger share of global GDP on a purchasing power parity basis, while G7 leads on GDP measured at market exchange rates.
• G7 remains strong in finance, technology, advanced manufacturing, pharmaceuticals, and services, while BRICS has strengths in energy, agriculture, minerals, and large emerging markets.
• Russian President Vladimir Putin criticized the G7 at the BRICS Business Forum, arguing that BRICS has a larger share of global GDP.
• India stated its preference for a multipolar world and said it has no intention to eliminate the importance of the US dollar.