This page is about Brazil, Russia, India, and China as large emerging markets. For the political organization that also includes South Africa, see BRICS.
Brazil, Russia, India, China
- President (head of state and government): Dilma Rousseff
- President (head of state): Vladimir Putin
- Prime Minister (head of government): Dmitry Medvedev
- President (head of state): Pratibha Patil
- Prime Minister (head of government): Manmohan Singh
- President (head of state): Hu Jintao
- Premier (head of government): Wen Jiabao
Total : $18,486 billion
Total : $10,676 billion
Total : 38,518,338 km2
Total : 2,851,302,297
BRIC is used to talk about the countries of Brazil, Russia, India and China. Many economists think that all these countries are at a similar stage of economic development. When people write about these countries, they usually write "BRICs" or the "BRIC countries".
The acronym was invented by Jim O'Neill, an economist who worked for Goldman Sachs. In 2001, he wrote an article that he called "Building Better Global Economic BRICs".
Mexico and South Korea were the only other countries with economies that are like the BRICs. But O'Neill did not include these countries because they were considered already more developed, as they were already members of the OECD.
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