Membership of the BRICS group of emerging-market nations is set to double, with Saudi Arabia, Iran, the United Arab Emirates, Ethiopia and Egypt to join its ranks on Jan. 1, South Africa’s envoy to the bloc said.
That was mostly a self-mocking joke, as I pay taxes to one of the BRICS (Brazil); don’t take it too seriously. (And likely biased given that the Brazilian GDP grew almost nothing in comparison with the others.)
From some sloppy websearch it seems that Egypt and Ethiopia’s GDPs grew around 4% in 2023. Given that it’s barely 2024 might as well use 2022 data.
2023 GDP Growth
Brazil 1.7%
Russia 3%
India 7%
China 5.5%
South Africa 1.4%
Egypt ??
Ethiopia ??
Iran ??
Saudi Arabia 2.6%
United Arab Emirate 4%
Preliminary numbers, subject to change.
That was mostly a self-mocking joke, as I pay taxes to one of the BRICS (Brazil); don’t take it too seriously. (And likely biased given that the Brazilian GDP grew almost nothing in comparison with the others.)
From some sloppy websearch it seems that Egypt and Ethiopia’s GDPs grew around 4% in 2023. Given that it’s barely 2024 might as well use 2022 data.