Archive · 12 Sep 2026
Putin Compares BRICS and G7 Economic Weight at Delhi Forum
Russian President Vladimir Putin compared the economic size of BRICS and the G7.
He said BRICS countries produced more than 40% of the world’s GDP over the past five years.
He said the G7 produced 29% during the same period.
Putin used these numbers to say that the world economy is changing.
He made the comments at a business meeting in New Delhi.
Indian Prime Minister Narendra Modi and business representatives were present.
The two leaders also talked about cooperation and conflicts.
Putin invited Modi to Russia for another yearly meeting.
Vladimir Putin said BRICS countries produced more than 40% of global GDP over the past five years.
Putin said the G7’s contribution was 29% during the same period and questioned its “Group of Seven” name.
He made the remarks at the BRICS Business Forum in New Delhi ahead of the 18th BRICS Summit.
Prime Minister Narendra Modi and BRICS business representatives attended the forum, where Modi delivered the concluding address.
Putin and Modi discussed bilateral cooperation, regional conflicts and peace efforts; Putin invited Modi to Russia for the 24th India-Russia Annual Summit.
- Who
- Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and representatives of BRICS business communities.
- What
- Putin compared BRICS and the G7’s reported shares of global GDP, while Putin and Modi discussed bilateral and international issues.
- When
- September 11, 2026, ahead of the 18th BRICS Summit.
- Where
- The BRICS Business Forum in New Delhi, India.
- Why
- Putin said the figures showed major changes in the global economic landscape and the growing economic weight of BRICS.
- BRICS GDP share
- More than 40% of global GDP over the past five years, according to Putin.
- G7 GDP share
- 29% of global GDP over the same period, according to Putin.
- Event
- BRICS Business Forum in New Delhi.
- Summit context
- The forum was held ahead of the 18th BRICS Summit.
- Discussion topics
- Political, economic, defence, energy, space, skills and people-to-people cooperation, as well as regional and global issues.
- Peace position
- Modi reiterated that dialogue and diplomacy were the way forward in resolving conflicts.
- Future meeting
- Putin invited Modi to Russia for the 24th India-Russia Annual Summit; dates will be set through diplomatic channels.
