The G20 is the premier forum for international economic cooperation. It plays a central role in supporting growth and development across the globe and in combating international economic crises.
The G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom, the United States, and the European Union.
Together, these countries represent around 85% of global GDP, over 75% of global trade, and about two-thirds of the world’s population. Given its considerable influence, the G20’s commitment to international cooperation is vital to the prosperity and wellbeing of people everywhere.
How the G20 Works
The G20 has no permanent secretariat. The presidency rotates annually among members, and the country holding the presidency, together with the previous and next presidency holders—the Troika—work collaboratively to ensure continuity.
The G20 agenda is designed by member countries and enacted through a year-long program led by the presidency, with input from the Troika. The ultimate objective is to strengthen the global economy, reform international financial institutions, improve financial regulation, and implement key development reforms.
South Africa’s G20 Presidency 2025
South Africa proudly assumes the G20 Presidency in 2025, providing a platform to advance Africa’s development priorities and address global economic challenges on the world stage.
