MOSCOW, January 30. /TASS/. The share of G7 economies will tend to decline to 10% in the coming decades, Russian Presidential Administration Deputy Chief of Staff Maxim Oreshkin said.

"The G7 countries' share of births has dropped to 10%. This is the level to which the share of these economies in the world will gradually tend in the coming decades," he said at an expert dialogue meeting.

Oreshkin cited the changing position of the world's largest economies in terms of purchasing power parity as an example.

"Now I'll show you the changes that have taken place since 1980, how one group of countries, namely the G7, has gradually been losing ground in this ranking, while BRICS countries have been rising higher. By 2025, the G7's share had already fallen below 30%, reaching 28%, while the BRICS share had increased to almost 40%. This is actually a dramatic change in the landscape," he explained.

This also refers to fundamental systemic changes in other indicators, for example, in the area of global trade, according to the official.

"In the 1990s trade was primarily conducted and the main flows were between countries of the Global North, whereas now countries of the Global South are playing an increasingly significant role. And, crucially, trade, the flow of goods and services, and overall economic connectivity between countries of the Global South are growing significantly. The BRICS countries are starting to trade with each other without using any third parties. This is a very significant change," Oreshkin concluded.