Plus One
In January, the biggest Southeast Asian nation in population and GDP terms became a fully-fledged member of BRICS. What opportunities will this partnership unlock?
With Indonesia’s inclusion, BRICS now represents half the world’s population. According to Intereconomics data for 2024, the bloc accounted for about 46% of the global population but, with the addition of Indonesia’s 280 million, this figure rises to 49.5%. The combined GDP of BRICS members at purchasing power parity (PPP) is expected, according to IMF forecasts, to reach nearly 40% in 2025 (in comparison, G7 economies are projected to account for only approximately 29% based on the same metric).
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