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What does BRICS stand for? 

What does BRICS mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: BRICS.

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BRICS

Brazil Russia India China and South

Miscellaneous » Unclassified

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BRICS

Brazil Russia India China South

Miscellaneous » Unclassified

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BRICS

Brazil Russia India and China and South

Miscellaneous » Unclassified

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BRICS

Basic Research in Computer Science

Academic & Science

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BRICS

Brazil Russia India and China Since

Miscellaneous » Unclassified

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BRICS

Broad Ripple Ice Cream Station

Community » Travel & Tourism

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BRICS

Building Related Interactive Computer System

Computing

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BRICS

Building Responsive Inclusive Collective Solutions

Miscellaneous » Unclassified

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BRICs

Brazil, Russia, India, China

Governmental -- and more...

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BRICS

Brazil, Russia, India, China and South Africa

Business » International Business -- and more...

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What does BRICS mean?

BRICS
BRICS is the acronym coined for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa. Originally the first four were grouped as "BRIC" (or "the BRICs"), before the induction of South Africa in 2010. The BRICS members are known for their significant influence on regional affairs; all are members of G20. Since 2009, the BRICS nations have met annually at formal summits. China hosted the 9th BRICS summit in Xiamen on September 2017, while South Africa hosted the most recent 10th BRICS summit on 08 January 2018. The term does not include countries such as South Korea, Mexico and Turkey for which other acronyms and group associations were later created. In 2015, the five BRICS countries represent over 3.1 billion people, or about 41% of the world population; four out of five members (excluding South Africa at #24) are in the top 10 of the world by population. As of 2018, these five nations have a combined nominal GDP of US$18.6 trillion, about 23.2% of the gross world product, combined GDP (PPP) of around US$40.55 trillion (32% of World's GDP PPP) and an estimated US$4.46 trillion in combined foreign reserves. Overall the BRICS are forecasted to expand 4.6% in 2016, from an estimated growth of 3.9% in 2015. The World Bank expected BRICS growth to increase to 5.3% in 2017. The BRICS have received both praise and criticism from numerous commentators. Bilateral relations among BRICS nations have mainly been conducted on the basis of non-interference, equality, and mutual benefit.

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"BRICS." Abbreviations.com. STANDS4 LLC, 2020. Web. 22 Oct. 2020. <https://www.abbreviations.com/BRICS>.

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