section_path: Statistics
section_name: Statistics
paragraph_text: Statistics
  
  BRICS+ accounts for 46% of the world's population, and 25% of the world's landmass. The economy of the BRICS has risen by 356.27% between 1990 and 2019. In 2022, BRICS+ share of world GDP at purchasing power parity (PPP) is 35.6%. Intra-BRICS trade was US$614.8 billion as of 2022. BRICS has 4,716 centi-millionaires and 549 billionaires. BRICS+ countries have over 1200 satellites in orbit. BRICS have 40 percent of existing internet users worldwide. In 2022, more than 87% of Russians use digital payments followed by China at 86%, and then South Africa at 81% and Brazil at 77%, and lastly India at 35%.
  
  Brazil, India, and China are among the world's ten largest countries by population, area, and gross domestic product (GDP, nominal and PPP). All five initial member states are members of the G20, with a combined nominal GDP of US$ 28 trillion (about 27% of the gross world product), a total GDP (PPP) of around US$65 trillion (35% of global GDP PPP), and an estimated US$5.2 trillion in combined foreign reserves (as of 2024). BRICS generated close to 32% of global economic output (GDP PPP) in 2022. The expanded BRICS+ generates 36% of global GDP.
  
  ATaking into account the GDP PPP of the BRICS+, China accounts for 52%. Economically the group represents $28.5 trillion. BRICS+ has a larger GDP than both the G7 and the EU. The share of the Chinese renminbi in total intra-BRICS trade transactions is about 47%. In 2017 BRICS accounted for 19% of global investment inflows.
  
  In 2024 the informality rate was 62% while the labour force participation was 60.8%. BRICS+ oil production is almost 30% of global oil output. BRICS contribute to 45% of the global agricultural products. BRICS countries produce 42% of the world's wheat, 52% of rice, and 46% of soybeans.
  
  According to Economist Intelligence Unit, the collective size of the economies of BRICS+ will overtake G7 after 2045. United States and United Kingdom have been the top two investors in the bloc in terms of FDI stock in 2020. Among the 10 wealthiest cities of the group, 5 are in China, 2 in UAE and India, and 1 in Russia.