Global share of GDP has shifed

1995: G7 44.5%, BRICS 16.9%, REST: 38.2%

2010: G7 34.3%, BRICS 26.6%, REST: 39.1%

2023: G7 29.9%, BRICS 32.1%, REST: 38.0%

While the BRICS now command a greater share of global GDP than the G7 do, the G7 are still far wealthier (51.7% of global wealth versus 24.6% of global wealth). GDP indicates current growth, while wealth is accumulated from historic growth.