GDP share of six new members being added to BRICS to be just 11 per cent: Report

Currently China contributes 70 per cent of the BRICS' GDP, which will decline to 62 per cent, while India chips in with 13 per cent now that will inch down to 12 per cent. Russia contributes 8 per cent, Brazil is at 7 per cent and South Africa contributes a paltry 2 per cent, giving combined 26 per cent of global economic output.

from Economy-News-Economic Times https://ift.tt/2RSDkLp
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