G15

The G15 is an informal group of nations composed by the current 15 leading economies of the world: USA, China, India, Japan, Germany, UK, Brazil, France, Russia, Italy, Spain, South Korea, Mexico, Canada and Indonesia. In 2008 these countries together comprised 73,3% of the world Gross Domestic Product (GDP) by Purchasing Power Parity (PPP).

The number of members is not arbitrary. Every year some of the nations in this group change positions among themselves in the ranking of GDP by PPP. However, there is a huge gap between the 15th and the 16th positions. In 2008 the economy of Indonesia (15th) was 44,4% larger than that of Taiwan (16th). Therefore, it is very unlikely that the economy of any of the lower ranked nations will surpass that of any G15 members in the next few years. For that reason the G15 are expected to remain the dominant nations in the world economy for a long time to come.

The list below portrays the members of the G15 and their respective GDP by PPP in 2008 as estimated by the International Monetary Fund in 2007, compared to the world and the EU. All of the figures are in millions of International Dollars.