In economics, BRIC (typically rendered as "the BRICs" or "the BRIC countries") is an acronym that refers to the fast-growing developing economies of Brazil, Russia, India, and China. The acronym was first coined and prominently used by Goldman Sachs in 2001.
The four countries, combined, currently account for more than a quarter of the world's land area and more than 40% of the world's population.
Brazil, Russia, India, and China
BRIC
The four countries, combined, currently account for more than a quarter of the world's land area and more than 40% of the world's population.
Brazil, Russia, India, and China
BRIC
- China
- President (head of state): Hu Jintao
- Premier (head of government): Wen Jiabao
Global giants
Painting BRIC by numbers Categories Brazil Russia India China Area 5th 1st 7th 4th Population 5th 9th 2nd 1st Population growth rate 107th 221th 90th 156th Labour force 5th 6th 2nd 1st GDP (nominal) 10th 8th 12th 3rd GDP (PPP) 9th 6th 4th 2nd GDP (real) growth rate 81th 69th 28th 16th Exports 21st 11th 23rd 2nd Imports 27th 17th 16th 3rd Current account balance 47th 5th 169th 1st Received FDI 16th 12th 29th 5th Foreign exchange reserves 7th 3rd 6th 1st External debt 24th 20th 27th 19th Public debt 47th 117th 29th 98th Electricity consumption 10th 3rd 7th 2nd Number of mobile phones 5th 4th 2nd 1st Number of internet users 5th 11th 4th 1st Motor vehicle production 6th 12th 9th 2nd Military expenditures 14th 8th 9th 2nd Active troops 14th 5th 3rd 1st Cultivated land 5th 4th 2nd 3rd Forest area 2nd 1st 10th 5th Rail network 10th 2nd 4th 3rd Road network 4th 8th 2nd 3rd
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