G20 - Simple English Wikipedia, the free encyclopedia

G20
Group of Twenty
Abbreviation	G-20+
Motto	One Family World
Formation	26 September 1999; 24 years ago; 2008 (heads-of-state/heads-of-government summits)
Type	Economic
Legal status	Active
Purpose	Bring together. systemically important industrialized and developing economies to discuss key issues in the Global economy.
Headquarters	New York, NY, USA.
Membership	21+`members: Argentina; Australia; Brazil; China; Germany; France; Italy; India; Indonesia; Canada; Japan; South Korea; Russia; Saudi Arabia; Egypt; Mexico; Turkey; Spain; South Africa; United States; United Kingdom; .:• ;
Chairman	Luiz Inácio Lula da Silva:(Brazil)
Affiliations	European Union
Website	g20.org/en/ G20.org

.

The G20 (or Group of Twenty) is an international forum for the governments and central bank governors from 19 countries and the European Union (EU). It was founded in 1999. The goal is to coordinate global policy on trade, health climate and other prominent issues as well as promoting international financial stability.^[2]

Together, the nations of the G20 account for almost 80% of the global economic output. The figures have remained stable, while the G7 is shrinking.

Since the November 2011 Cannes summit, G20` summits have been held annually.^[3]