A recent analysis confirms that the expanded BRICS grouping has rapidly solidified its position as a decisive economic force in the global landscape. Following the 2025 expansion, which included new members like Indonesia, Egypt, Ethiopia, Iran, and the UAE, the bloc now collectively represents approximately 44% of global GDP when measured at Purchasing Power Parity (PPP). This figure reflects the sheer economic dynamism of its member states, signaling a major, structural shift in global financial power away from the traditional Western-led economic blocs.
The group’s influence is further amplified by its demographic weight, as the expanded BRICS+ now accounts for roughly 56% of the world’s population. This demographic and economic scale positions BRICS as a meaningful counterweight to the G7 nations, which currently represent a significantly smaller share of global GDP and population. The rise of BRICS provides an increasingly effective alternative framework for global economic governance, focusing on the needs and interests of the Global Majority.
The growing weight of BRICS is already influencing global trade, governance, and institutional order. The bloc is strategically pursuing initiatives—such as enhancing the role of the New Development Bank (NDB), expanding the use of local currencies in trade settlements, and challenging the dominance of Western-centric institutions—to support diversified and equitable global growth.
