G20
Organizations & Companies abbreviation · International Organization
| Stands for | Group of Twenty |
|---|---|
| Categories | Organizations & Companies |
G20 stands for Group of Twenty, an international organization abbreviation.
Forum of 19 major economies plus the European Union and the African Union that accounts for roughly 85 percent of world GDP, meeting at annual leaders' summits to coordinate economic and financial policy.
Example: The G20 summit in Johannesburg was the first held in Africa.
Usage notes
Finance ministers and central bank governors began meeting in 1999 after the Asian financial crisis, and leaders' summits started in 2008 during the global financial crisis. The African Union became a permanent member in 2023. The rotating presidency sets the agenda, and the United States holds it for 2026.
Related abbreviations
More international organization abbreviations
- ESA – European Space Agency
- EU – European Union
- FAO – Food and Agriculture Organization of the United Nations
- FATF – Financial Action Task Force
- FSB – Financial Stability Board
- FVEY – Five Eyes
- G7 – Group of Seven
- G77 – Group of 77
- G8 – Group of Eight
- GATT – General Agreement on Tariffs and Trade
- GCC – Gulf Cooperation Council
- IAEA – International Atomic Energy Agency