Countries that belong to the Group of 20 include the United States, Argentina, Brazil, Canada and France. The G20 consists of central bank governors and finance ministers from 19 countries, while the European Union holds the remaining position to make a total of 20 members.Continue Reading
G20 members meet once a year or more during a crisis. Founded in 1999, the G20 studies, reviews and discusses various policies regarding international financial stability. It discusses issues that are beyond the responsibilities of any single organization or member. Although the main duty of the G20 is to discuss global economic governance, the themes of its summits vary from year to year.
The G20 lacks a permanent staff or secretariat, since it shares power annually among members to ensure a regional balance. Each year, the sitting G20 president invites several guest countries to take part in the G20 summit. The sitting president receives advice from a three-member committee called the Troika, which consists of immediate past, current and future host countries.
The G20 receives support from international organizations such as the United Nations, World Bank, World Trade Organization, International Labor Organization and Organization for Economic Co-operation and Development. The complete list of G20 member countries is available on the About G20 section of the G20 website.Learn more about International Orgs