SCO Set to Hold 34.3% of Global GDP Against G7's 28% by 2026

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The Shanghai Cooperation Organisation (SCO) is increasingly challenging the long-standing economic dominance of the G7 bloc. According to IMF estimates from April 2026, the SCO's share of global GDP is projected to reach 34.3% in 2026, compared to 28% for the G7. The SCO first surpassed the G7 in terms of global economic share back in 2021. This shift marks a significant realignment in global economic power away from traditional Western-led institutions.

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