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[[File:BRICSvsG7-1724154539.6477.jpg|right|300px|thumb|[[Demographics of BRICS v G7]]
'''BRICS''' is an acronym that refers to the developing economies of [[Brazil]], [[Russia]], [[India]], [[China]], and [[South Africa]]. In 2022 the BRICS group surpassed the [[G7]] of [[Western alliance|Western aligned]] nations in their share of contributions to world [[GDP]]. In August 2023, [[Argentina]], [[Egypt]], [[Ethiopia]], [[Saudi Arabia]], [[Iran]], and the [[United Arab Emirates]] (UAE) formally were admitted to BRICS+. By 2024 BRICS members accounted for 36.7% of World [[GDP]], whereas the [[G7]] accounted for 29.6%. BRICS members are 47% of the world's population, and control's 80% of the [[oil]] production on [[Earth]]. "Its founding members have called for a fairer world order and the reform of international institutions like the [[United Nations]], the International Monetary Fund and the World Bank."<ref name="AP">https://www.aol.com/turkey-seeks-join-brics-bloc-133937133.html</ref>
'''BRICS''' is an acronym that refers to the developing economies of [[Brazil]], [[Russia]], [[India]], [[China]], and [[South Africa]]. In 2022 the BRICS group surpassed the [[G7]] of [[Western alliance|Western aligned]] nations in their share of contributions to world [[GDP]]. In August 2023, [[Argentina]], [[Egypt]], [[Ethiopia]], [[Saudi Arabia]], [[Iran]], and the [[United Arab Emirates]] (UAE) formally were admitted to BRICS+. By 2024 BRICS members accounted for 36.7% of World [[GDP]], whereas the [[G7]] accounted for 29.6%. BRICS members are 47% of the world's population, and control's 80% of the [[oil]] production on [[Earth]]. "Its founding members have called for a fairer world order and the reform of international institutions like the [[United Nations]], the International Monetary Fund and the World Bank."<ref name="AP">https://www.aol.com/turkey-seeks-join-brics-bloc-133937133.html</ref>