The 10 BRICS countries consolidate their weight and represent 54.6% of the world’s population

Colombian President Gustavo Petro said Friday from China that Colombia has formally filed an application to join the BRICS’ New Development Bank (NDB). Colombia’s request comes at a time when the BRICS are consolidating their weight in the global economy, as the group currently represents 54.6% of the world’s population, with more than 3,300 million people. In addition, in economic terms, they reach approximately 37.3% of the global Gross Domestic Product, GDP, measured in purchasing power parity, according to data from the World Economic Forum. This was not always the case, initially BRICS referred to a group of countries made up of Brazil, Russia, India and China, which emerged with the purpose of creating an alternative to the dominance of Western powers in the world economy and politics.

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