BRICS Expansion: Can It Add $3.6 Trillion to GDP?
The expanded BRICS alliance is poised to significantly impact the global economy. With the inclusion of new member states at the start of 2025, experts are analyzing the potential for increased economic growth. The question on everyone's mind: can BRICS add $3.6 trillion in GDP with this latest expansion focus?
Currently, BRICS already accounts for a larger share of world GDP than the G7 (31.6% at purchasing power parity (PPP) in 2025; see Chart 1). The expansion has further increased this share. According to estimates, BRICS, as the organisation has been informally called since its expansion, now accounts for 37.3 % of world GDP, or more than half as much as the EU (14.5).
The eleven countries combined represent around 45% of the planet’s population, over 40% of world oil production and roughly a third of global GDP. In light of its expansion, BRICS will contain 46% of the world's population and 25% of global exports, and its GDP will exceed that of the G7. As the bloc calls for a more equitable global order, the economic implications are vast.
BRICS is set to add six new member states at the start of 2025, raising questions about the expansion of the group’s growing economic power. With its new entrants, the bloc will likely see significant changes in global trade and economic influence. The GDP of New BRICS Member Countries is a key factor in projecting future growth.
We expect the share of expanded BRICS in the global GDP to increase by 3%, reaching 28% and the share in the world trade to increase by 5%; the intra-BRICS trade is expected to flourish. The inclusion of Iran, Egypt, the United Arab Emirates (UAE), Indonesia and potentially others is set to reshape the economic landscape.
The deadline of 28 de sept. de 2025 for full integration highlights the urgency and commitment to this expansion. The potential for BRICS to add $3.6 trillion in GDP is a realistic goal given the combined economic strength and strategic focus of the expanded alliance.