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Member states of BRICS

From Wikipedia, the free encyclopedia

BRICS is a grouping of the world economies of Brazil, Russia, India, China, and South Africa formed by the 2010 addition of South Africa to the predecessor BRIC.[1][2][3][4] The original acronym "BRIC", or "the BRICs", was coined in 2001 by Goldman Sachs economist Jim O'Neill to describe fast-growing economies that he predicted would collectively dominate the global economy by 2050.[5] The 15th BRICS summit in 2023 saw the expansion of the organization for the first time since the inclusion of South Africa.

Member states

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Flag Country
Capital
Area
(km2)
Population
(2016)
Density
(/km2)
GDP per cap.
(PPP)
[6]
HDI[7] Currency
Official languages Leaders Accession
Brazil
Federative Republic of Brazil
Brasília 8,515,767 203,062,512 25 18,686 0.754 Brazilian real (R$)
(BRL)
Portuguese
also see Languages of Brazil
Head of State: Luiz Inácio Lula da Silva 2009-06-16 (Informally, September 2006)
Russia
Russian Federation
Moscow 17,075,400 146,519,759 8.3 24,449 0.822 Russian rouble (₽)
(RUB)
Russian
also see Languages of Russia
Head of State: Vladimir Putin
Head of Government: Mikhail Mishustin
2009-06-16 (Informally, September 2006)
India
Republic of India
New Delhi 3,287,240 1,284,480,000 364.4 10,484 0.640 Indian rupee ()
(INR)
Hindi (Devanagari script)
English
Also see Languages of India
Head of State: Droupadi Murmu
Head of Government: Narendra Modi
2009-06-16 (Informally, September 2006)
China
People's Republic of China
Beijing 9,640,011[a] 1,374,820,000 139.6 21,224 0.727 Renminbi (Chinese yuan, ¥)
(CNY)
Standard Chinese[8]
written in simplified characters[8]
see also languages of China
Head of State: Xi Jinping
Head of Government: Li Qiang
2009-06-16 (Informally, September 2006)
South Africa
Republic of South Africa
Pretoria (executive)
Cape Town (legislative)
Bloemfontein (judicial)
1,221,037 58,048,332 42.4 16,090 0.713 South African rand (R)
(ZAR)
12 languages Head of State: Cyril Ramaphosa 2010-12-24
Egypt
Arab Republic of Egypt
Cairo 1,010,408 105,231,000 103.56 16,980 0.731 Egyptian pound (LE)
(EGP)
Arabic Head of State: Abdel Fattah el-Sisi
Head of Government: Moustafa Madbouly
2024-01-01
Ethiopia
Federal Democratic Republic of Ethiopia
Addis Ababa 1,104,300 105,163,988 92.7 3,724 0.498 Ethiopian birr (BR)
(ETB)
Afar
Amharic
Oromo
Somali
Tigrinya
Head of State: Sahle-Work Zewde
Head of Government: Abiy Ahmed
2024-01-01
Iran
Islamic Republic of Iran
Tehran 1,648,195 79,011,700 48.0 17,443 0.766 Iranian rial (Rl)
(IRR)
Persian Head of State: Ali Khamenei
Head of Government: Ebrahim Raisi
2024-01-01
United Arab Emirates Abu Dhabi 83,600 4,106,427 121 78,255 0.911 UAE dirham (AED) Arabic Head of State: Mohamed bin Zayed Al Nahyan
Head of Government: Mohammed bin Rashid Al Maktoum
2024-01-01

Countries that have applied for membership

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Saudi Arabia was invited to join at the 15th BRICS summit, but has not yet formalised its approval to become a BRICS member.[9]

While Egypt, Ethiopia, Iran, and the United Arab Emirates were not admitted as members during the 15th BRICS summit, they were among 22 countries applying for membership. South African Minister of Finance Enoch Godongwana said “There is a second batch of countries that are going to be added [to] BRICS." This means that there are plans for further BRICS expansion and the following countries are possible candidates due to their applications for membership [10]

Flag Country
Capital
Area
(km2)
Population
(2016)
Density
(/km2)
GDP per cap.
(PPP)
HDI Currency
Official languages Leaders Application Submitted when
Algeria
People's Democratic Republic of Algeria
Algiers 2,381,741 44,700,000 17.7 13,324 0.745 Algerian dinar (DZD) Arabic Head of State: Abdelmadjid Tebboune
Head of Government: Nadir Larbaoui
2022 (Expected to join in next expansion)[10]
Azerbaijan
Republic of Azerbaijan
Baku 86,600 9,976,248 117 19,328 0.760 Azerbaijani manat (AZN) Azerbaijani Head of State: Ilham Aliyev
Head of Government: Ali Asadov
2024
Bangladesh
People's Republic of Bangladesh
Dhaka 148,460 169,828,911 1,305 8,673 0.661 Bangladeshi taka (BDT) Bengali Head of State and Government: Mohammed Shahabuddin 2023
Belarus
Republic of Belarus
Minsk 207,595 9,498,700 45.8 18,246 0.798 Belarusian rubel (Rbl)
(BYR)
Belarusian
Russian
Head of State: Alexander Lukashenko
Head of Government: Roman Golovchenko
2023
Bolivia
Plurinational State of Bolivia
Sucre 1,098,581 12,186,079 10.4 9,933 0.692 Boliviano
(BOB)
Spanish
Quechua
Aymara
Guarani
Other Indigenous languages
Head of State and Government: Luis Arce 2023
Cuba
Republic of Cuba
Havana 109,884 10,985,974 101.8 22,237 0.764 Cuban peso
(CUP)
Spanish Head of State: Miguel Díaz-Canel
Head of Government: Manuel Marrero Cruz
2023
Kazakhstan
Republic of Kazakhstan
Astana 2,724,900 17,670,900 5.94 24,108 0.788 Kazakhstani tenge (₸)
(KZT)
Kazakh (National)
Russian
Head of State: Kassym-Jomart Tokayev
Head of Government: Alikhan Smailov
2023
Myanmar
Republic of the Union of Myanmar
Naypyidaw 676,578 53,662,135 79.22 7,682 0.582 Burmese kyat (MMK) Burmese Head of State: Min Aung Hlaing
Head of Government: Min Aung Hlaing
2024
Nigeria
Federal Republic of Nigeria
Abuja 923,769 220,159,000 237 8,005 0.510 Nigerian naira (NGN) English Head of State and Government: Muhammadu Buhari 2023
Turkey
Republic of Turkey
Ankara 783,562 90,564,000 115 37,978 0.827 Turkish lira (TRY) Turkish Head of State and Government: Recep Tayyip Erdoğan 2024

Previous applicants

[edit]

In 2022, Argentina formally submitted an application for BRICS membership under Alberto Fernández's government. Argentina was invited to join at the subsequent 2023 summit, but the country declined the offer to join the bloc in the aftermath of Javier Milei's victory in that year's presidential election.[11]

In 2011, Indonesia considered the possibility of joining BRICS. In 2022 the country formally submitted an application, but Indonesian president Joko Widodo decided to not join the group and remove the application because it was considered a rushed decision. Widodo said that in a future he would probably reapply, but Indonesia is out for now.[12]

Notes

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  1. ^ The actual area under PRC control is 9,596,960.

See also

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References

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  1. ^ "New era as South Africa joins BRICS" Archived 18 April 2011 at the Wayback Machine . SouthAfrica.info. 11 April 2010. Retrieved 2 December 2012.
  2. ^ "S. Africa Joins; BRIC Now BRICS, 13 de abril de 2011". Archived from the original on 24 February 2011. Retrieved 15 April 2011.
  3. ^ "BRICS Gain Global Influence as South Africa Joins, Medvedev Says". Bloomberg.com. 2011-04-12. Retrieved 2021-03-27.
  4. ^ Fletcher, Owen (2011-04-13). "China Seeks Heft for 'BRICS'". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-03-27.
  5. ^ Nagashybayeva, Gulnar (November 2016). "Research Guides: BRICS: Sources of Information: Introduction". guides.loc.gov. Retrieved 2023-07-23.
  6. ^ at purchasing power parity, per capita, in international dollars (rounded IMF 2012)
  7. ^ at Human Development Index (New 2013 Estimates for 2012)
  8. ^ a b Law of the People's Republic of China on the Standard Spoken and Written Chinese Language (Order of the President No.37)
  9. ^ Saudi Arabia has not yet joined BRICs - minister
  10. ^ a b "MSN". MSN.
  11. ^ "El gobierno de Javier Milei oficializó que la Argentina no entrará a los Brics". LA NACIÓN (in Spanish). 2023-12-29. Archived from the original on 29 December 2023. Retrieved 2023-12-29.
  12. ^ "Why Indonesia chose autonomy over BRICS membership". East Asia Forum. 2023-10-25. Retrieved 2024-01-13.