BRIC

In economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be at a similar stage of newly advanced economic development. It is typically rendered as "the BRICs" or "the BRIC countries" or "the BRIC economies" or alternatively as the "Big Four".

Goldman Sachs argues that the economic potential of Brazil, Russia, India and China is such that they could become among the four most dominant economies by the year 2050. The thesis was proposed by Jim O'Neill, global economist at Goldman Sachs.[15] These countries encompass over 25% of the world's land coverage and 40% of the world's population and hold a combined GDP (PPP) of 18.486 trillion dollars. On almost every scale, they would be the largest entity on the global stage. These four countries are among the biggest and fastest growing emerging markets.{Incal 2011}

Gross Domestic Product in 2006 US$ billions

2050	2045	2040	2035	2030	2025	2020	2015	2010	2006
1	China	70,710	57,310	45,022	34,348	25,610	18,437	12,630	8,133	4,667	2,682
2	United States	38,514	33,904	29,823	26,097	22,817	20,087	17,978	16,194	14,535	13,245
3	India	37,668	25,278	16,510	10,514	6,683	4,316	2,848	1,900	1,256	909
4	Brazil	11,366	8,740	6,631	4,963	3,720	2,831	2,194	1,720	1,346	1,064
5	Mexico	9,340	7,204	5,471	4,102	3,068	2,303	1,742	1,327	1,009	851
6	Russia	8,580	7,420	6,320	5,265	4,265	3,341	2,554	1,900	1,371	982
7	Indonesia	7,010	4,846	3,286	2,192	1,479	1,033	752	562	419	350
8	Japan	6,677	6,300	6,042	5,886	5,814	5,570	5,224	4,861	4,604	4,336
9	United Kingdom	5,133	4,744	4,344	3,937	3,595	3,333	3,101	2,835	2,546	2,310
10	Germany	5,024	4,714	4,388	4,048	3,761	3,631	3,519	3,326	3,083	2,851
11	Nigeria	4,640	2,870	1,765	1,083	680	445	306	218	158	121
12	France	4,592	4,227	3,892	3,567	3,306	3,055	2,815	2,577	2,366	2,194
13	South Korea	4,083	3,562	3,089	2,644	2,241	1,861	1,508	1,305	1,071	887
14	Turkey	3,943	3,033	2,300	1,716	1,279	965	740	572	440	390

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