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The Group of Twenty Finance Ministers and Central Bank Governors (G-20, G20, Group of Twenty) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank.[3] Collectively, the G-20 economies comprise more than 80 percent of the world's GDP, 85 percent[4] of global gross national product, 80 percent of world trade (including EU intra-trade) and two-thirds of the world population.[3] They contribute to 84.1 percent and 82.2 percent of the world's economic growth by nominal GDP and GDP (PPP) respectively from the years 2010 to 2016 according to International Monetary Fund (IMF).