BRICS already accounted for a larger share of world GDP than the G7 (31.6% at purchasing power parity (PPP) in 2022; see Chart 1), and the expansion has increased this share to over a third (35.6% in
2022)
https://www.statista.com/chart/30638/brics-and-g7-share-of-global-gdp/
According to visualcapitalist.com, BRICS countries have a higher average growth forecast than the G7 in 2024, at 3.6% compared to the G7's 1%. BRICS countries are also expected to see the highest surge in millionaire populations over the next decade. India is predicted to have the highest growth in the 2020s, with a 110% increase in wealth by 2033. Saudi Arabia is second, with its wealth expected to expand by over 105% in the next 10 years, followed by the UAE at 95%. China is expected to have an 85% increase, while Ethiopia is expected to have a 75% increase, and South Africa is expected to have a 60% increase.