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PWOnlyIAS September 10, 2023 10:35 98806 0
G20 Countries: The G20 is a group of 19 countries along with the European Union which counter important global economic issues. Check all G20 Countries List, President, Ranking and Flags in the article given below.
G20 Countries: The G20, or the Group of 20, is a group of 19 countries along with the European Union that come together to discuss and tackle important global economic issues. These issues include things like making sure the world’s finances are stable, finding ways to combat climate change, and promoting sustainable development.
The Group of Twenty (G20) stands as the primary platform for international economic cooperation, shouldering a pivotal responsibility in guiding the global economy through its formidable challenges.
The G20’s enduring role in shaping and fortifying global architecture and governance across a spectrum of crucial international economic matters remains undeniably significant.
Since its inception in 1999, following the Global Financial Crisis of 1997-98, the G20 has convened annually. Leaders have been gathering for the G20 Leaders’ Summit since 2008, with a calendar filled with ministerial meetings, sherpa meetings, working groups, and special events throughout the year.
The G20 is made up of the finance ministries of some of the world’s biggest economies, both from developed and developing nations. In fact, these countries combined contribute to about 80% of the world’s total economic output, 75% of all international trade, and are home to about two-thirds of the world’s population. They also cover about 60% of the world’s total land area.
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G20 Countries: The G20 comprises the following member nations: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom, the United States, and the European Union. Additionally, Spain holds a permanent invitation as a guest country.
This influential assembly unites the world’s foremost and systemically significant economies, collectively representing a staggering 85% of global GDP, 75% of international trade, and two-thirds of the world’s population.
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In 2023, India takes the helm as the G20 presidency holder, offering an events calendar on the official Indian Government’s website. Indonesia presided over the G20 in 2022, culminating in the release of the G20 Bali Leaders’ Declaration on November 16, 2022. Looking ahead, Brazil is set to host the G20 in 2024, followed by South Africa in 2025.
G20 Countries: The G20 (Group of Twenty) consists of the following member countries:
G20 Countries: The G20, short for the Group of Twenty, is a significant international forum made up of 19 individual countries and the European Union. These countries include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the United States. Collectively, these G20 nations represent a staggering two-thirds of the entire world’s population.
G20 Countries List | |||
---|---|---|---|
S.no | Country | S.no | Country |
1. | Argentina | 11. | Japan |
2. | Australia | 12. | Mexico |
3. | Brazil | 13. | Russia |
4. | Canada | 14. | Saudi Arabia |
5. | China | 15. | South Africa |
6. | France | 16. | South Korea |
7. | Germany | 17. | Turkey |
8. | India | 18. | United Kingdom |
9. | Indonesia | 19. | United States |
10. | Italy |
G20 Countries: Leaders from the world’s leading economies are heading to India for a two-day G20 summit 2023 starting on September 9th. The capital city, Delhi, is all set to welcome the delegates with grand preparations. The main venue, Bharat Mandapam at Pragati Maidan, has been beautifully lit up and adorned with plants, flowers, and festive decorations. A majestic 28-foot-tall Nataraja statue adds to the nighttime splendor.
India has embraced the hopeful slogan “One Earth, One Family, One Future” for the G20 Summit 2023. This influential gathering comprises 19 countries and the European Union, collectively representing a staggering 85% of global GDP and about two-thirds of the world’s population.
G20 Countries: Check the G20 Countries President list in the table given below:
G20 Countries President | ||
---|---|---|
Country | Leader | Leader Designation |
India | Narendra Modi (Host) | Prime Minister |
Argentina | Alberto Fernández | President |
Australia | Anthony Albanese | Prime Minister |
Brazil | Luiz Inácio Lula da Silva | President |
Canada | Justin Trudeau | Prime Minister |
China | Xi Jinping | President |
France | Emmanuel Macron | President |
Germany | Olaf Scholz | Chancellor |
Indonesia | Joko Widodo | President |
Italy | Giorgia Meloni | Prime Minister |
Japan | Fumio Kishida | Prime Minister |
Mexico | Andrés Manuel López Obrador | President |
Russia | Vladimir Putin | President |
Saudi Arabia | Salman bin Abdulaziz Al Saud | King |
South Africa | Cyril Ramaphosa | President |
South Korea | Yoon Suk-yeol | President |
Turkey | Recep Tayyip Erdoğan | President |
United Kingdom | Rishi Sunak | Prime Minister |
United States | Joe Biden | President |
European Union | Ursula von der Leyen | President of the European Commission |
European Union | Charles Michel | President of the European Council |
G20 Countries: The Group of Twenty (G20) is a collection of major economies from around the world. While the G20 does not have an official ranking system, the importance of its member countries can be assessed based on various factors such as GDP, political influence, trade, and global impact. Here’s a brief overview of the G20 countries and their general importance:
G20 Countries: The below table gives insights into G20 Countries Ranking based on GDP growth.
Position | Country | Last | Previous | Reference | Unit |
---|---|---|---|---|---|
1 | United States | 25463 | 23315 | Dec/22 | USD Billion |
2 | China | 17963 | 17820 | Dec/22 | USD Billion |
3 | Euro Area | 14041 | 14571 | Dec/22 | USD Billion |
4 | Japan | 4231 | 5006 | Dec/22 | USD Billion |
5 | Germany | 4072 | 4260 | Dec/22 | USD Billion |
6 | India | 3385 | 3150 | Dec/22 | USD Billion |
7 | United Kingdom | 3071 | 3122 | Dec/22 | USD Billion |
8 | France | 2783 | 2958 | Dec/22 | USD Billion |
9 | Russia | 2240 | 1837 | Dec/22 | USD Billion |
10 | Canada | 2140 | 2001 | Dec/22 | USD Billion |
11 | Italy | 2010 | 2114 | Dec/22 | USD Billion |
12 | Brazil | 1920 | 1650 | Dec/22 | USD Billion |
13 | Australia | 1675 | 1553 | Dec/22 | USD Billion |
14 | South Korea | 1665 | 1811 | Dec/22 | USD Billion |
15 | Mexico | 1414 | 1273 | Dec/22 | USD Billion |
16 | Spain | 1398 | 1427 | Dec/22 | USD Billion |
17 | Indonesia | 1319 | 1187 | Dec/22 | USD Billion |
18 | Saudi Arabia | 1108 | 869 | Dec/22 | USD Billion |
19 | Netherlands | 991 | 1012 | Dec/22 | USD Billion |
20 | Turkey | 906 | 819 | Dec/22 | USD Billion |
21 | Switzerland | 808 | 801 | Dec/22 | USD Billion |
22 | Argentina | 633 | 487 | Dec/22 | USD Billion |
23 | Singapore | 467 | 424 | Dec/22 | USD Billion |
24 | South Africa | 406 | 419 | Dec/22 | USD Billion |
The importance of these G20 countries can shift over time due to changes in economic performance, political dynamics, and global events. Additionally, the G20 provides a platform for member countries to collaborate on global economic and financial issues, making their collective impact greater than the sum of individual rankings.
G20 Countries: The 17th summit of the Group of 20 (G20) Heads of State and Government was convened in October 2022, with Bali, Indonesia, serving as the host. Under the leadership of the Indonesian Presidency, the G20 in 2022 will center its efforts on the theme, ‘Recover Together, Recover Stronger.’
The Leaders’ Summit stands as the pinnacle of the G20 process, the culmination of a year-long journey involving Ministerial Meetings, Working Groups, and Engagement Groups.
In acknowledgment of the profound impact of the COVID-19 pandemic across all facets of society and recognizing the limitations faced by many nations in addressing this crisis, the Indonesian Presidency has outlined three primary pillars for its G20 2022 Presidency:
Indonesia’s vision through these pillars is to lead in facilitating fair access to COVID-19 vaccines, fostering sustainable and inclusive economic development through the engagement of MSMEs, and embracing the digital economy.
The G20 is composed of 19 countries along with the European Union. These 19 countries include Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, the Russian Federation, Saudi Arabia, South Africa, Turkey, the UK, and the US.
The G20, short for the Group of Twenty, is a group of 19 individual countries and the European Union. These countries include Argentina, Australia, Brazil, Canada, China, France, Germany, India,Mexico, Indonesia, Italy, Japan, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the United States.
Check the G20 Countries Flags given below:
G20 Countries
Related Article Links | |
G20 Digital Economic Ministers Meet | G20 Summit List |
BIMSTEC Countries | National Emblem of India |
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