Humanities › Geography What is the G-20? The G-20 Major World Economies Share Flipboard Email Print Four member countries of the European Union and the EU itself are represented in the G-20 international organization. Source: CIA World Factbook, 2007 Geography Political Geography Basics Physical Geography Population Country Information Key Figures & Milestones Maps Urban Geography By Matt Rosenberg Geography Expert M.A., Geography, California State University - Northridge B.A., Geography, University of California - Davis Matt Rosenberg is an award-winning geographer and the author of "The Handy Geography Answer Book" and "The Geography Bee Complete Preparation Handbook." our editorial process Matt Rosenberg Updated March 06, 2017 The G-20 or "group of twenty," is a group of twenty of the most important economies on the planet. It includes 19 independent countries along with the European Union. The Beginnings of the G-20 The G-20 includes all of the original members of the G-7 along with BRIMCKS (Brazil, Russia, India, Mexico, China, South Korea, and South Africa), and Australia, Argentina, Indonesia, Saudi Arabia, and Turkey. According to the G-20 website, "The economies that make up the G20 represent almost 90% of global GDP and two thirds of the world's population." G-20 Members 1. Argentina2. Australia3. Brazil4. Canada5. China6. France (also a member of the EU)7. Germany (also a member of the EU)8. India9. Indonesia10. Italy (also a member of the EU)11. Japan12. Mexico13. Russia14. Saudi Arabia15. South Africa16. South Korea17. Turkey (an applicant for the EU)18. United Kingdom (also a member of the EU)19. United States20. European Union (members of the EU) Five countries have been invited to participate in the G-20 meeting in 2012 by Mexico, the host country and the chair of the G-20 at the time of the summit: Spain, Benin, Cambodia, Chile, Colombia. G-22 and G-33 G-20 Goals "The G20 has its origin in the 1998 Asian economic crisis. One year later, the finance ministers and central bankers of the most important global economies convened in Berlin, Germany, at a meeting co-sponsored by the finance minister of Canada and the finance minister of Germany. In the wake of the international financial crisis that erupted in 2008, the most serious since the Great Depression (1929), the G20 began to meet at a Leaders' level and has since become the most important forum for global economic and financial cooperation and discussion." "The G20 is an informal forum for discussion between advanced and emerging countries that seeks to strengthen international cooperation and ensure global economic stability... Its main goals are to coordinate macroeconomic policies to strengthen the global economic recovery; to reshape the international financial architecture; and to promote financial regulations to help prevent another crisis, such as the one in 2008, from occurring again." Another G-33?