- Origins and Membership: Established in 1999, includes 19 countries and the EU, covering 85% of global GDP and 75% of international trade.
- Purpose: Addresses global economic and financial issues, international economic cooperation, market stability, and sustainable development.
- Annual Summit: Rotating annual summit hosted by member nations for high-level discussions on trade, debt, energy security, and more. India hosted in 2023.
- Other Organisation: It is representative of the International Monetary Fund(IMF) and the World Bank.
- Headquarters: It does not have permanent headquarters.
- Members: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the EU.
- Facts About G20: The G20 countries include 60% of the world’s population, 80% of global GDP, and 75% of global trade.