what is the full form of g20

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what is the full form of g20

The full form of G20 is "Group of Twenty". The G20 is an intergovernmental forum comprising 19 sovereign countries and the European Union (EU) . It was founded in 1999 after the Asian financial crisis as a forum for the Finance Ministers and Central Bank Governors to discuss global economic and macroeconomic issues. The G20 members represent around 85% of the global GDP, over 75% of the global trade, and about two-thirds of the world population. The G20 Summit is held annually, under the leadership of a rotating Presidency, and it has since expanded its agenda to include issues such as trade, sustainable development, health, agriculture, energy, environment, climate change, and anti-corruption.