The BRICS will pass the G7 in percentage of world GDP in 2016. Data source will be the IMF. As of 2015: 31.86% G7 vs BRICS 30.58%.

Created by Raahul_Kumar on 2015-09-11; known on 2016-12-25; judged right by Raahul_Kumar on 2016-07-06.

  • Raahul_Kumar estimated 100% on 2015-09-11
  • Tapetum-Lucidum estimated 30% on 2015-09-11
  • Tapetum-Lucidum estimated 5% and said “If you’re using the same URL as in your other post, it seems G7 = US + EU + Japan + UK + Germany + France is estimated at far more than 31.86% in 2015… US + EU estimates alone top 32%.on 2015-09-11
  • Tapetum-Lucidum said “Wow, sorry. I was looking at G7 + EU wikipedia page and got thrown off.on 2015-09-11
  • Tapetum-Lucidum said “From your link in the other post, I have the 2015 G7 sum as 16.1 + 4.3 + 3.39 + 2.35 + 2.34 + 1.92 + 1.43 = 31.83%on 2015-09-11
  • Tapetum-Lucidum said “Edit: I have the 2015 G7 sum as 16.1 + 4.3 + 3.39 + 2.35 + 2.34 + 1.92 + 1.46 = 31.86%on 2015-09-11
  • Tapetum-Lucidum said “(I’m writing this for others who want to confirm the above stats.) The 2015 BRICS sum is 16.86 + 7.11 + 2.9 + 3.07 + 0.64 = 30.58%on 2015-09-11
  • Tapetum-Lucidum said “I have the IMF’s predicted 2016 G7 sum as 16.0 + 4.2 + 3.32 + 2.32 + 2.29 + 1.87 + 1.43 = 31.43%on 2015-09-11
  • Tapetum-Lucidum said “I have the IMF’s predicted 2016 BRICS sum as 17.28 + 7.36 + 2.93 + 2.82 + 0.63 = 31.02%on 2015-09-11
  • Tapetum-Lucidum estimated 10% on 2015-09-11
  • JoshuaZ estimated 15% on 2015-09-11
  • Julius estimated 80% on 2015-09-13
  • Tapetum-Lucidum estimated 21% on 2015-09-13
  • Raahul_Kumar said “Tapetum: OECD has BRICS and G7 GDP growth rates forecast for 2016. 8% vs 2%.on 2015-09-15
  • Raahul_Kumar said “2015 Q1 and Q2 from the OECDhttp://stats.oecd.org/index.aspx?queryid=33940on 2015-09-16
  • Tapetum-Lucidum estimated 14% and said “China is teetering on the edge of a crisis, IMO. Brazil is in a world of hurt right now (inflation, debt downgrade, etc.) Russia will be in a recession until oil prices rise. on 2015-09-24
  • Tapetum-Lucidum said “South Africa is too small to impact things, but they’re struggling too. India is the sole outlier right now, and may boom further if they keep cutting interest rates. on 2015-09-24
  • Tapetum-Lucidum said “Still, I don’t believe this will help BRICS beat the G7, especially with US, UK, Germany, France, Japan being on QE for the forseeable future.on 2015-09-24
  • Tapetum-Lucidum said “I see no reason to use the OECD predictions over the IMF ones. on 2015-09-24
  • Tapetum-Lucidum said “And IMF’s 2016 predictions shows the percentage of world GDP from G7 narrowly beating BRICS.on 2015-09-24
  • Raahul_Kumar said “OECD’s is the most recent data. And the WB, IMF, OECD and ADB are normally within 1% of each other.on 2015-09-24
  • Raahul_Kumar said “https://data.oecd.org/gdp/real-gdp-forecast.htm#indicator-charton 2015-09-24
  • Raahul_Kumar said “Tapetum, would you mind making those claims on the BRICS into specific predictions. In particular, you claim China is teetering on the edge of a crisis. on 2015-09-24
  • Tapetum-Lucidum said “^Admittedly, no one knows these things for sure. It’s my impression though. I’ve recently wrote a bit about my concerns in my “nonperforming loans” prediction.on 2015-09-26
  • Raahul_Kumar said “Update from October 2015 Word Economic Outlook IMF:30.879% BRICS vs G7 31.602on 2016-01-30
  • Raahul_Kumar said “https://tinyurl.com/go9ecaxon 2016-01-30
  • Raahul_Kumar said “BRICS 31.325% vs 31.090G7on 2016-07-06
  • Raahul_Kumar   judged this prediction right on 2016-07-06.
  • Raahul_Kumar said “https://www.imf.org/external/pubs/ft/weo/2016/01/weodata/index.aspxon 2016-07-06

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