BRIC countries have been maintaining rapid economic growth and increasing economic strength, so they have become the leaders of emerging economies. According to the statistics of the International Monetary Fund, from 2006 to 2008, the average economic growth rate of BRIC countries was 10.7%.
In 2008, the total economic output of BRIC countries accounted for 15% of the world, and the trade volume accounted for about 13% of the world, and the contribution rate to world economic growth in terms of purchasing power parity has exceeded 50%. According to Goldman Sachs' prediction, in the next 20 years, the economic aggregate of the four countries will even surpass that of the Group of Seven.
Although the financial crisis has also had an impact on emerging economies such as BRIC countries, compared with the developed countries in the United States and Europe at the center of the financial crisis, it is less affected and most likely to take the lead in getting out of the crisis. According to the latest forecast of Goldman Sachs, the global economy will shrink by 1. 1% in 20 13 years, but the BRIC countries will still grow by 4.8%, which is in sharp contrast with many developed countries that have fallen into serious recession. In 20 14, the global economy will grow by 3.3%, and the BRIC countries are expected to grow by 8.8%.