What are the four BRIC Countries? The BRIC acronym was coined by Goldman Sachs chief economist Jim O'Neill in 2001 He predicted four emerging economies were on their way to reshape the world economy with newly advanced economic development. They account for more than 40 percent of the world's population and over 20 percent of global GDP O Belize, Russia, Italy, China O Brazil, Russia, Iceland, Costa Rica O Brazil, Russia, India, China O Bangladesh, Russia, Iran, Chile