The BRICS economic bloc is experiencing a significant surge in influence following its recent expansion. The impact is projected to be substantial, with estimates suggesting the BRICS expansion is set to add a staggering $2 trillion to its GDP.

This growth solidifies BRICS' position on the global stage. 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 expansion enhanced BRICS' economic and geostrategic reach, doubling its oil production capacity and accounting for 25% of global exports. This broadened scope translates to greater economic power and influence in international trade and resource management.

From an economic perspective, BRICS expansion will generate an additional $2.6 trillion in GDP terms representing an overall BRICS economy of $28.5 trillion. This remarkable figure underscores the potential for increased investment, trade, and economic cooperation within the expanded bloc.

The addition of new member states brings diverse economic strengths and resources, further bolstering the collective power of BRICS. The resulting diversification is expected to create new opportunities for growth and development within the member nations and beyond.

In conclusion, the BRICS expansion represents a significant shift in the global economic landscape. The projected $2 trillion GDP boost is just the beginning, as the expanded bloc leverages its increased influence and resources to shape the future of international trade and development.