Analysis of Selected Macroeconomic Indicators for BRICS Countries Excluding China
Authors- Adrian Motahar
St. Cyril and St. Methodius University of Veliko Tarnovo
Keywords
BRICS, macroeconomic indicators, Brazil, India, Russia, South Africa, contribution
Summary
This study analyzes key macroeconomic indicators of the BRICS countries, excluding China, in the context of the economic challenges and global changes since 2008. Looking at the indicators for the period 2020–2024, the paper presents their rate of change and each country's contribution to the alliance. The analysis shows that the countries are achieving significant economic growth, despite the differences in dynamics and the challenges they face. Brazil is demonstrating an improvement in its position in the world, India is increasing its purchasing power and attracting investment, Russia is facing the economic consequences of its invasion of Ukraine, and South Africa remains the weakest economy in the union, with its key role in it. The conclusion is that, despite their differences, each BRICS country is developing a sustainable economy, improving cooperation among themselves, and changing the existing economic and political system.
Pages: 14
DOI: https://doi.org/10.58861/tae.di.2026.2.04
