Geopolitical Economy Report on Nostr: BRICS expands to 54.6% of world population by adding Nigeria, Africa's most populous ...
BRICS expands to 54.6% of world population by adding Nigeria, Africa's most populous country
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BRICS officially admitted Nigeria as a new partner on 17 January 2025; Nigeria is Africa's most populous country and has the 6th-largest population globally; BRICS+ now consists of 10 members and 9 partners, representing 54.6% of the world population and 42.2% of global GDP (PPP); Indonesia was also accepted as a member in early January 2025; BRICS aims to strengthen South-South cooperation and reform global governance; The BRICS summit in Kazan, Russia in 2024 adopted a plan to challenge the US dollar's dominance; Nigeria's population is projected to grow by 65 million from 2024 to 2037; The three most populous African countries in BRICS are Nigeria (partner), Ethiopia, and Egypt (full members); BRICS members and partners account for 4.32 billion people out of a total world population of 7.92 billion; Nigeria's economy is larger than the Netherlands' when measured by PPP; Five of the top 10 oil-producing countries are BRICS members, contributing over 30% of global oil production.
#Brics #Nigeria #Population #Economy #Oil #Indonesia #GlobalGovernance #Africa #Gdp #Summit
https://geopoliticaleconomy.com/2025/01/19/brics-expands-population-nigeria-africa/
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BRICS officially admitted Nigeria as a new partner on 17 January 2025; Nigeria is Africa's most populous country and has the 6th-largest population globally; BRICS+ now consists of 10 members and 9 partners, representing 54.6% of the world population and 42.2% of global GDP (PPP); Indonesia was also accepted as a member in early January 2025; BRICS aims to strengthen South-South cooperation and reform global governance; The BRICS summit in Kazan, Russia in 2024 adopted a plan to challenge the US dollar's dominance; Nigeria's population is projected to grow by 65 million from 2024 to 2037; The three most populous African countries in BRICS are Nigeria (partner), Ethiopia, and Egypt (full members); BRICS members and partners account for 4.32 billion people out of a total world population of 7.92 billion; Nigeria's economy is larger than the Netherlands' when measured by PPP; Five of the top 10 oil-producing countries are BRICS members, contributing over 30% of global oil production.
#Brics #Nigeria #Population #Economy #Oil #Indonesia #GlobalGovernance #Africa #Gdp #Summit
https://geopoliticaleconomy.com/2025/01/19/brics-expands-population-nigeria-africa/