How the G20 Power Dynamic Shifted

By Katharina Buchholz

The G20, which is meeting this weekend in New Delhi, India, was founded in 1999 and has over the course of the past two decades seen a major shift in its power dynamic. In 2002, the United States had by far the biggest economic clout in the group with a share of around a third of the its GDP – more than double that of the BRICS bloc, which assembled in its current form between 2009 and 2010 but previously saw all its members join the G20 inaugural line-up.