The G20 is a forum where the largest economies meet to talk about growth, trade, debt and other shared problems.
Who is in it
It brings together 19 countries plus the European Union and the African Union, which joined as a permanent member in 2023.
A rotating chair
Each year a different member holds the presidency, hosts the summit and sets the themes it wants to push.
Statements, not treaties
Leaders usually end with a joint declaration agreed by consensus. It signals direction, but nothing in it is legally binding.
Why it still matters
Because members cover most of the world's economy, a shared commitment can shape what finance ministries and lenders do next.
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- 1 Sample source: background reference
- 2 Sample source: official or primary document
- 3 Sample source: explainer from another publisher (facts only)
