BRICS expands with 9 new partner countries. Now it's half of world population, 41% of global economy episode artwork

EPISODE · Dec 24, 2024 · 22 MIN

BRICS expands with 9 new partner countries. Now it's half of world population, 41% of global economy

from Geopolitical Economy Report · host Ben Norton

The Global South-led organization BRICS continues to expand, adding 9 partner countries in January 2025, after admitting 4 new members in 2024. The group now makes up roughly half of the global population and more than 41% of world GDP (PPP). It's an economic powerhouse, with top producers of key commodities like oil, gas, grains, meat, minerals, and more. Ben Norton analyzes the growing influence of BRICS+. VIDEO with charts and maps here: https://www.youtube.com/watch?v=k_shuhJvvBY BRICS MEMBERSHIP (9 members + 9 partner countries) - 5 original members are Brazil, Russia, India, China, South Africa. - 4 new members officially admitted in January 2024 are Egypt, Ethiopia, Iran, UAE. (Saudi Arabia has neither accepted nor denied the invitation. Argentina rejected the offer.) - 9 confirmed partner countries are Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda, Uzbekistan. - 4 invited partner countries have not yet given a response: Algeria, Nigeria, Turkey/Türkiye, Vietnam. Check out our related video on BRICS' plan to transform the global financial system: https://www.youtube.com/watch?v=3pHr5yzLEHA BRICS plans ‘multi-currency system’ to challenge US dollar dominance: Understanding Russia’s proposal - https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar/ Topics 0:00 History of BRICS expansion 0:45 9 new partner countries 1:38 Map of BRICS membership 3:45 BRICS is an economic powerhouse 5:00 What does partner status mean? 5:39 De-dollarization of international financial system 7:06 1/2 of global population 8:35 BRICS economies are bigger than G7 9:24 41% of world GDP (PPP) 10:20 US GDP is overstated 12:49 Food production 17:32 Oil & gas production 18:32 Renewable energy 19:21 Mineral production 20:43 Building a global alternative 22:07 Outro

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BRICS expands with 9 new partner countries. Now it's half of world population, 41% of global economy

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