Gross domestic product of the BRIC countries from 2014 to 2024
Gross domestic product (GDP) of the BRIC countries from 2014 to 2024 (in billion U.S. dollars)
This statistic shows the gross domestic product (GDP) of the BRIC countries from 2014 to 2017, with projections up until 2024. The BRIC countries are the emerging countries Brazil, Russia, India and China. In 2017, the GDP of all BRIC states amounted to approximately 18.35 billion U.S. dollars. Gross domestic product in Russia was the lowest of all four. See global GDP for comparison.
Gross domestic product of the BRIC countries
Each of the four countries saw their GDP rise annually, in particular China, whose GDP increased by roughly 6 times since 2003. The BRIC countries have been experiencing an economical boom over the past several years and therefore have seen significant gains in the production of goods and services. Additionally, each of the four countries had one of the top 10 largest gross domestic products in 2014, producing more than developed countries such as Canada and Australia. Unemployment rates have also been correspondingly low in these countries, with the exception of India. China, Russia and Brazil maintained an unemployment rate of roughly 6 percent or less in 2013, indicating their economies are still demanding workers in order to produce.
Despite China having the largest population in the world, work is constantly in demand due to cheap labor and lower costs for many manufacturing companies globally. However, there have often been complaints of poor working conditions in Chinese factories, regularly leading to complaints and much criticism from the general public. As a result, several companies are considering decreasing production of their goods in these factories.
Gross domestic product (GDP) of the BRIC countries from 2014 to 2024 (in billion U.S. dollars)
Loading statistic...
| Brazil | Russia | India | China | |
|---|---|---|---|---|
| 2014 | 2,456.17 | 2,056.58 | 2,039.13 | 10,534.53 |
| 2015 | 1,800.03 | 1,363.71 | 2,103.59 | 11,226.19 |
| 2016 | 1,795.6 | 1,282.66 | 2,289.75 | 11,221.84 |
| 2017 | 2,053.21 | 1,578.42 | 2,652.25 | 12,062.28 |
| 2018* | 1,868.18 | 1,630.66 | 2,716.75 | 13,407.4 |
| 2019* | 1,960.19 | 1,610.38 | 2,972 | 14,216.5 |
| 2020* | 2,062.5 | 1,667.46 | 3,257.72 | 15,468.1 |
| 2021* | 2,156.5 | 1,724.62 | 3,577.32 | 16,806.5 |
| 2022* | 2,255.58 | 1,783.01 | 3,924.11 | 18,206.85 |
| 2023* | 2,359.53 | 1,845.88 | 4,306.29 | 19,713.52 |
| 2024* | 2,468.22 | 1,920.94 | 4,729.32 | 21,309.5 |
Source
More information
Statistics on "BRIC countries"
Discover Statista
Need help with using Statista for your research?
Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statistics
- Holidaymakers' interest in the BRICS countries
- Number of visitors from the BRIC countries to the Netherlands 2016-2018
- BRICS countries: preferred travel destination if money was no object 2011
- Importance of BRICS countries to UK tourism businesses 2011
- Annual revenues of BRICS country pharmaceutical industry 2013-2015
- BRIICS country's energy consumption by source 2015
- Share of paying gamers among mobile gamers worldwide in 2012
- On-demand TV revenue forecast for selected countries in 2018
- Social network users who share their views on religion in 2012
- Countries with the largest number of overseas Chinese
- Social network users who share their views on politics in 2012
- Reach of sports sites across BRIC countries in 2013
- Smartphone subscribers - countries with highest estimated growth rate 2014
- Share of social network users in selected countries in 2012, by age group
- Countries with largest number of pay TV households 2015
- Evaluation of the influence of selected countries 2013
- Survey on Crimea's status among Ukrainians 2014
- IDEX: operating income 2013-2018
- Net profit of Deceuninck Group 2015-2018
- Average load size of washing machines 2014, by region
Statistics on "BRIC countries"
Related topics
About Statista
