G20 Summit 2022 G20 Group Countries Power Economy G20 Population

G20 Summit: Confluence of 20 biggest economies of the world,...

G20 Summit: Confluence of 20 biggest economies of the world, meeting of representatives of countries with more than half of the world’s population, meeting of 20 most powerful leaders… Some such pictures are going to emerge from the G-20 summit, which the whole world is eager to see. Is.

Prime Minister Narendra Modi has reached Bali, the capital of Indonesia, to participate in the G-20 summit. Here he is going to share the stage with US President Joe Biden, Chinese President Xi Jinping and Russian President Vladimir Putin.

The world runs on the instructions of G20

G-20 is a group of the world’s most powerful countries. The strength of this group can be gauged only from the fact that G-20’s share in the economy of the whole world is 80%. Top 5 largest economy countries like America, China, Japan, Germany and India are part of this group. The leaders of these countries meet every year and discuss how to advance the global economy.

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60% of the population lives in the G20 countries

More than half of the world’s population lives in G-20 countries. The top 4 countries with the highest population are part of this group. The population of China alone is more than 138 crores. At the same time, India comes on the second number. Our population has also crossed 132 crores. America comes at number three, whose population is more than 32 crores. Indonesia’s number comes on the fourth number. If we add the population of all the countries involved in G-20, then it is close to 60%.

G20’s share in global trade is 75%

According to the official statistics of G-20, the share of this group in global trade is 75%. India included in G-20 is developing very fast. According to IMF, in 2023 India will be one of the fastest growing economies in the world. At the same time, there will be a big decline in the economies of developed countries like Russia, Italy and Germany. The Russia-Ukraine war is also having an impact on global trade.

G20 meeting will be held in India next year

India’s dominance in G20 countries has increased rapidly. India will chair the meeting of G20 countries. In December next year, the G20 meeting will be held in the capital of India, New Delhi. In Bali itself, PM Modi will invite all the G20 countries to visit India next year. Regarding the chairmanship of G20, PM Modi has said that from December 1, 2022, India will formally take over the chairmanship of G20. He said that I will personally invite the leaders of all the member countries for the G20 summit next year.

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