The group’s combined GDP is $20 trillion greater than that of the Western bloc, the Russian president has said

BRICS has already outstripped the Western-dominated Group of Seven in terms of combined GDP, Russian President Vladimir Putin has stated.

Speaking via video link at a plenary session of the 17th annual BRICS summit in Rio de Janeiro on Sunday, Putin said the “BRICS member states not only account for a third of the Earth’s land, and almost half the planet’s population, but also 40% of the global economy.”

BRICS’ “combined GDP measured by purchasing power parity already stands at $77 trillion, that’s according to 2025 IMF data,” he…

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