11Oct2010

1. 85 per cent of world output came from the G-20 countries

The Group of Twenty Finance Ministers and Central Bank Governors is a group of finance ministers and central bank governors from 20 economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank.[3] Their heads of government or heads of state have also periodically conferred at summits since their initial meeting in 2008. Collectively, the G-20 economies comprise 85%[4] of global gross national product, 80% of world trade (including EU intra-trade) and two-thirds of the world population.



for cooperation and consultation on matters pertaining to the international financial system. It studies, reviews, and promotes discussion (among key industrial and emerging market countries) of policy issues pertaining to the promotion of international financial stability, and seeks to address issues that go beyond the responsibilities of any one organization.

> India is part of G20

>Chair South Korea in 2010,

France in 2011

Mexico in 2012