NextBillion - A WDI Publication

The Group of Twenty (G20) is an international forum of both developing and developed countries which seeks to find solutions to global economic and financial issues.

The G20 comprises 19 countries including: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and United States and two regional bodies, namely the European Union and the African Union.

The G20 members include the world’s major economies, representing 85% of global Gross Domestic Product, over 75% of international trade, and about two-thirds of the world population.

The G20 does not have a permanent secretariat or staff. Instead, the G20 Presidency rotates annually among the members. The G20 Presidency is responsible for bringing together the G20 agenda in consultation with other members and in response to developments in the global economy. To ensure continuity, the Presidency is supported by a “troika” made up of the current, immediate past and next host countries. Read more