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G20

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Group of Twenty
Family photo at the 2024 G20 summit in Rio de Janeiro, Brazil.
  Member countries of the G20
  Countries represented through the membership of the European Union
  Countries represented through the membership of the African Union
  Countries permanently invited (Spain)
NicknameG20
Predecessor2024 G20 Rio de Janeiro summit
Successor2025 G20 Johannesburg Summit
Formation26 September 1999 (26 years ago) (1999-09-26)
2008 (2008)
TypeInternational organization
PurposeBring together systemically important industrialized and developing economies to discuss key issues in the global economy.[1]
Membership
21 members[a]
Chairman (Incumbent)
South Africa Cyril Ramaphosa, President of South Africa
Websiteg20.org Edit this at Wikidata

The G20 (or Group of Twenty) is an international forum for the governments and central bank governors from 19 countries and the European Union (EU). It was founded in 1999. The goal is to coordinate global policy on trade, health climate and other prominent issues as well as promoting international financial stability.[2]

Together, the nations of the G20 account for almost 80% of the global economic output. The figures have remained stable, while the G7 is shrinking.

Since the November 2011 Cannes summit, G20` summits have been held annually.[3]

Current G20 Leaders

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Notes

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  1. ↑ 19 countries, the European Union (EU) and African Union (AU)

References

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  1. ↑ "FAQ #5: What are the criteria for G-20 membership?". Archived 16 February 2009 at the Wayback Machine. G20.org. Retrieved 21 February 2013.
  2. ↑ "G20 Finance Ministers Committed to Sustainable Development". IPS News. Retrieved 4 December 2015.
  3. ↑ ""Past Summits". Archived from the original on 2014-02-03."


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