The total combined population of the four BRIC states was estimated to constitute almost of the total global population in 2017. Additionally, the economic development seen in the BRIC countries is posing an ever increasing challenge to the status of the United States as the foremost global economic power. With GDP in 2017 creeping up to almost 18 trillion U.S. dollars – almost the same amount the United States generated in the same year –, and quickly increasing growth rates, the possibility is becoming ever more real.
As of now, GDP per capita in the industrialized countries is still significantly higher than that of the BRIC states. However, the four BRIC countries are estimated to be among, if not the, leading economies by 2050 - the are among the countries with the largest GDP in 2017 already.