The G20 is a group of major economies that are represented by their respective heads of government, finance ministers and central bankWhat is a central bank? A central bank is an institution r... More governors.
The managing director of the International Monetary Fund, the president of the World Bank and the chairman of the Development Committee of the World Bank and the IMF also take part in the meetings.
The G20 is composed of 19 countries and the European UnionThe European Union is an economic and political union. 18 ... More, which is represented by the president of the European Council and the European Central Bank. GermanyThe Federal Republic of Germany is a country in central Eur... More, FranceThe Republic of France is a country in Western Europe and a... More, Great Britain and Italy are among the 19 countries, even though they are already members of the EU.
Composition
| Country | Inhabitants in millions | Inhabitants in % | GDP in billions (US$) | GDP in % |
|---|---|---|---|---|
| World | 7,000 | 100 | 54,620 | 100 |
| USA | 304.0 | 4.5 | 13,840 | 25.3 |
| JapanJapan (Japanese: 日本, Nihon or Nippon) is an island nati... More | 127.2 | 1.9 | 4,384 | 8.0 |
| Germany | 82.4 | 1.3 | 3,322 | 6.0 |
| United KingdomThe United Kingdom of Great Britain and Northern Ireland is... More | 61.0 | 0.9 | 2,773 | 5.1 |
| France | 64.0 | 1.0 | 2,560 | 4.7 |
| Italy | 60.3 | 0.9 | 2,105 | 3.9 |
| CanadaCanada is a country in North America, to the north of the Un... More | 33.2 | 0.5 | 1,432 | 2.6 |
| RussiaThe Russian Federation is the world's largest country by a... More | 140.7 | 2.1 | 1,290 | 2.4 |
| ChinaThe People's Republic of China (中华人民共和国 in si... More | 1,330 | 19.1 | 3,251 | 6.0 |
| BrazilThe Federative Republic of Brazil is a country in South Am... More | 196.4 | 2.9 | 1,314 | 2.4 |
| IndiaIndia is a country in South Asia and, by population, the 2n... More | 1,148 | 17.1 | 1,099 | 2.0 |
| South Korea | 48.4 | 0.7 | 957 | 1.8 |
| AustraliaAustralia is the 6th largest country in the world by area. O... More | 21.0 | 0.3 | 908.0 | 1.7 |
| Mexico | 110.0 | 1.6 | 893.4 | 1.6 |
| Turkey | 71.9 | 1.1 | 729.4 | 1.2 |
| Indonesia | 237.5 | 3.5 | 432.9 | 0.8 |
| Saudi Arabia | 28.1 | 0.4 | 376 | 0.7 |
| South AfricaSouth Africa is the largest economy in Africa. Its currenc... More | 48.8 | 0.7 | 282.6 | 0.5 |
| Argentina | 40.5 | 0.6 | 260 | 0.5 |
| European Union | 501.0 | 7.4 | 16,830.1 | 31.0 |
| G20 | 4,385.7 | 65.5 | 48,213.1 | 88.3 |
