Mishustin: BRICS Group’s Share in Global GDP Reaches 40%
Source: RT Arabic | Original Published At: 2026-05-15 09:16:22 UTC
Key Points
- Russian Prime Minister Mikhail Mishustin stated BRICS' share of global GDP has reached 40%.
- Mishustin addressed participants at the 11th Annual Meeting of the New Development Bank Board of Governors.
- The BRICS GDP share currently surpasses that of both the G7 and the European Union.
- The gap is expected to widen amidst global economic restructuring and logistics shifts.
- The New Development Bank focuses on financing infrastructure and sustainable development projects in member and developing nations.
- The article notes BRICS currently includes Brazil, Russia, India, China, South Africa, Egypt, Iran, United Arab Emirates, Indonesia, and Ethiopia.