G20 Countries

G20 countries, also known as Group of 20 countries, is an international forum comprising the world’s leading economies. The G20 countries are estimated to account for 85% of the world’s economy and 75% of the world’s trade. Every year, the group of 20 countries holds an annual meeting at one of the member countries. European Union is an exception to the grouping where it represents itself as a trading bloc rather than its members representing as individual countries. The meetings were started in 1999 and a total of 19 meetings were held till now. Examin lists out all the members of the group and their impact:

1. United States of America

Nominal GDP: $19 trillion

Population: 320 million

 

2. European Union

Nominal GDP: $17 trillion

Population: 500 million

 

3. China

Nominal GDP: $11 trillion

Population: 1.4 billion

 

4. Japan

Nominal GDP: $5 trillion

Population: 127 million

 

5. Germany

Nominal GDP: $3.5 trillion

Population: 83 million

 

6. India

Nominal GDP: $3 trillion

Population: 1.3 billion

 

7. United Kingdom

Nominal GDP: $2.6 trillion

Population: 65 million

 

8. France

Nominal GDP: $2.5 trillion

Population: 64 million

 

9. Italy

Nominal GDP: $1.8 trillion

Population: 60 million

 

10. Brazil

Nominal GDP: $1.8 trillion

Population: 200 million

 

11. Canada

Nominal GDP: $1.5 trillion

Population: 36 million

 

12. Russia

Nominal GDP: $1.5 trillion

Population: 146 million

 

13. South Korea

Nominal GDP: $1.4 trillion

Population: 51 million

 

14. Australia

Nominal GDP: $1.2 trillion

Population: 24 million

 

15. Mexico

Nominal GDP: $1 trillion

Population: 122 million

 

16. Indonesia

Nominal GDP: $930 billion

Population: 260 million

 

17. Turkey

Nominal GDP: $ 850 billion

Population: 79 million

 

18. Saudi Arabia

Nominal GDP: $640 billion

Population: 31 million

 

19. Argentina

Nominal GDP: $540 billion

Population: 43 million

 

20. South Africa

Nominal GDP: $300 billion

Population: 55 million