BRICS countries are surpassing developed economies in terms of PPP, according to Russian President Vladimir Putin
The group will account for 36.6% of the world’s GDP in PPP terms by 2028, according to the Russian president
The BRICS states are overtaking the G7 in terms of share in global GDP in PPP terms, Russian President Vladimir Putin said on Thursday while addressing the Federal Assembly.
The share of BRICS will increase to 36.6% by 2028, while that of the G7 will decrease to 27.8%, according to estimates provided by the president.
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