Graphic Truth: G7 vs BRICS, who has more economic clout?

The G7 countries – the US, UK, Canada, Germany, France, Italy and Japan – will convene this weekend in Kananaskis, a rural town in the mountains of Alberta, Canada. High on the meeting’s agenda are tariffs, artificial intelligence, and international security, with special focus on Russian sanctions and Israel’s recent attacks on Iran.

While the G7 was originally formed as an informal grouping of the world’s wealthiest democracies, the BRICS – composed of Brazil, Russia, India, China, South Africa – have sought to challenge their dominance of the global agenda.

Here’s a look at how the share of the global economy held by G7 and BRICS nations has evolved over time.

More from GZERO Media

- YouTube

Tensions in the Middle East escalate as Israel launches a surprise military strike against Iran, prompting international concern and speculation about broader conflict. In his latest Quick Take, Ian Bremmer calls Israel’s strike on Iran “a huge success for the Israelis” and a significant blow to Iran’s regional influence.

Iranian policemen monitor an area near a residential complex that is damaged in Israeli attacks in Tehran, Iran, on June 13, 2025.
Morteza Nikoubazl/NurPhoto

Israel bombed Iran’s nuclear facilities Thursday night, causing “significant damage” at the country’s main enrichment plant, killing leading Iranian military figures and nuclear scientists, and sparking fears that the Middle East is on the verge of a wider war.

A tank on display at a park in Washington, D.C., on June 12, 2025, two days ahead of a military parade commemorating the U.S. Army's 250th anniversary and coinciding with President Donald Trump's 79th birthday.

Kyodo via Reuters Connect

The official reason for this weekend’s military parade in Washington DC is to commemorate the 250th anniversary of the US Army – but the occasion also just happens to fall on President Donald Trump’s 79th birthday.