Group of Seven
The Group of Seven (G7) is an international political group made up of the seven largest IMF-described advanced economies in the world: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
|Group of Seven and the European Union|
The G7-nations (blue) and the European Union (teal) in the world
United States (2020 host)
Since 1975, the group meets annually on summit site to discuss economic policies; since 1987, the G7 Finance Ministers have met at least semi-annually, up to four times a year at stand-alone meetings.
On 2 March 2014, then-G8 criticized the "Russian Federation's violation of the sovereignty and territorial integrity of Ukraine." As a result, Russia was removed from the G8 which was later renamed G7 as there are now seven leaders in the group.
Country leaders and EU representatives (as of 2019)Edit
|Member||Trade mil. USD (2014)||Nom. GDP mil. USD (2014)||PPP GDP mil. USD (2014)||Nom. GDP per capita USD (2014)||PPP GDP per capita USD (2014)||HDI (2017)||Population (2014)||Permanent members of UN Security Council||DAC||OECD||Economic classification (IMF)|
|European Union||4,485,000||18,527,116||18,640,411||36,645||36,869||0.899||505,570,700||N/A||N/A||Emerging and Developing/Advanced|
List of leadersEdit
- Group of Eight (G8)
- "World Economic Outlook Database". International Monetary Fund. imf.org. October 2017. "Major Advanced Economies (G7)".
- Research Institute – Global Wealth Databook 2018
- "Report for Selected Countries and Subjects". www.imf.org.
- "G7/8 Ministerial Meetings and Documents". G8 Information Centre. University of Toronto. 2014. Retrieved 14 March 2014.
- "Statement by G7 Nations". G8 Info Ctr. University of Toronto. 2 March 2014. Retrieved 10 March 2014.
- "Gross domestic product". IMF World Economic Outlook. October 2015. Retrieved 14 October 2015.
- "World Economic Outlook data". IMF. 2014. Retrieved 19 October 2014.
- 23 out of 28 EU countries are classified as advanced. 5 out of 28 EU countries are classified by the IMF as Emerging and Developing Europe