For most of the past two decades, China had the highest GDP growth of any of the BRICS countries, although it was overtaken by India in the mid-2010s, and India is predicted to have the highest growth in the 2020s. All five countries saw their GDP growth fall during the global financial crisis in 2008, and again during the coronavirus pandemic in 2020; China was the only economy that continued to grow during both crises, although India's economy also grew during the Great Recession. In 2014, Brazil experienced its own recession due to a combination of economic and political instability, while Russia also went into recession due to the drop in oil prices and the economic sanctions imposed following its annexation of Crimea.
Growth rate of the real gross domestic product (GDP) in the BRICS countries from 2000 to 2029
(compared to the previous year)
Characteristic
Brazil
China
India
Russia
South Africa
2029*
2%
3.31%
6.5%
1.25%
1.4%
2028*
2%
3.38%
6.49%
1.25%
1.4%
2027*
2%
3.58%
6.48%
1.25%
1.4%
2026*
2.08%
3.77%
6.47%
1.25%
1.38%
2025*
2.12%
4.09%
6.46%
1.81%
1.21%
2024*
2.15%
4.64%
6.81%
3.16%
0.88%
2023*
2.91%
5.24%
7.83%
3.59%
0.6%
2022
3.02%
2.99%
6.99%
-1.2%
1.91%
2021
4.76%
8.45%
9.69%
5.99%
4.7%
2020
-3.28%
2.24%
-5.78%
-2.65%
-5.96%
2019
1.22%
5.95%
3.87%
2.2%
0.26%
2018
1.78%
6.75%
6.45%
2.81%
1.56%
2017
1.32%
6.95%
6.8%
1.83%
1.16%
2016
-3.28%
6.85%
8.26%
0.19%
0.67%
2015
-3.55%
7.02%
8%
-1.97%
1.32%
2014
0.5%
7.39%
7.41%
0.74%
1.41%
2013
3.01%
7.77%
6.39%
1.76%
2.49%
2012
1.92%
7.85%
5.46%
4.02%
2.4%
2011
3.97%
9.55%
6.64%
5.07%
3.17%
2010
7.53%
10.61%
10.26%
4.5%
3.04%
2009
-0.13%
9.45%
8.48%
-7.82%
-1.54%
2008
5.09%
9.59%
3.89%
5.25%
3.19%
2007
6.07%
14.25%
9.8%
8.54%
5.36%
2006
3.96%
12.71%
9.26%
8.15%
5.6%
2005
3.2%
11.39%
9.29%
6.38%
5.28%
2004
5.76%
10.11%
7.85%
7.18%
4.56%
2003
1.14%
10.02%
7.94%
7.35%
2.95%
2002
3.05%
9.12%
3.91%
4.74%
3.7%
2001
1.39%
8.32%
4.94%
5.09%
2.7%
2000
4.39%
8.47%
3.98%
10.05%
4.2%
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IMF. (April 22, 2024). Growth rate of the real gross domestic product (GDP) in the BRICS countries from 2000 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved December 10, 2024, from https://www.statista.com/statistics/741729/gross-domestic-product-gdp-growth-rate-in-the-bric-countries/
IMF. "Growth rate of the real gross domestic product (GDP) in the BRICS countries from 2000 to 2029 (compared to the previous year)." Chart. April 22, 2024. Statista. Accessed December 10, 2024. https://www.statista.com/statistics/741729/gross-domestic-product-gdp-growth-rate-in-the-bric-countries/
IMF. (2024). Growth rate of the real gross domestic product (GDP) in the BRICS countries from 2000 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: December 10, 2024. https://www.statista.com/statistics/741729/gross-domestic-product-gdp-growth-rate-in-the-bric-countries/
IMF. "Growth Rate of The Real Gross Domestic Product (Gdp) in The Brics Countries from 2000 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/741729/gross-domestic-product-gdp-growth-rate-in-the-bric-countries/
IMF, Growth rate of the real gross domestic product (GDP) in the BRICS countries from 2000 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/741729/gross-domestic-product-gdp-growth-rate-in-the-bric-countries/ (last visited December 10, 2024)
Growth rate of the real gross domestic product (GDP) in the BRICS countries from 2000 to 2029 (compared to the previous year) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/741729/gross-domestic-product-gdp-growth-rate-in-the-bric-countries/