IntroductionBrazil, Russia, India, China and South Africa constitute a very diverse collection of countries, differing considerably in terms of weight, size and population in the economy global and also at different stages of development. , with the variation in their levels of GDP per capita. Nevertheless, all of these countries have experienced extensive and consistent economic growth over the past few decades, which is expected to continue, and have other economic characteristics in common. Another factor influencing the growth results of these countries during this period is the significant economic developments that they all experienced. Reforms aimed primarily at achieving greater economic stability and liberalization have increased efficiency and fostered trade and foreign capital flows like never before. Economic reforms initiated in China in the early 1980s fostered important fundamental changes and a model of export-led growth that relies on the movement of labor from low-productivity agriculture to industry and high productivity services. For this reason, the share of agriculture in total production has declined drastically, with the largest decline of the four countries, and with an equal increase in the shares of the industrial sector and the service sector. The experience and knowledge that BRICS accumulates during different development passages can be combined, shared and modified across the group. This article elucidates the growth journey of each of the BRICS countries and draws lessons that can be incorporated into other BRICS countries. BRAZIL: Current State of Brazil Being the fifth largest country in the world in terms of land mass and population, Brazil has a population of almost 200 million. the population is heavily concentrated on the Atlantic coast. It is... middle of paper ......capacity.But Russia's legal framework has not been fully modernized. The rule of law is not consistently maintained throughout the country, and the justice system is susceptible to political pressure and demonstrates regularity in applying the law. Contracts are not protected and the security of private property rights is fragile. Violation of intellectual property rights continues to exist and corruption remains a key problem for investors and businesses. The trade-weighted average tariff rate is 3.8 percent. Despite concessions made to join the World Trade Organization (WTO) in 2012, remaining non-tariff barriers are changing the flow of goods and services. Foreign direct investment has been unpredictable due to weak investment, except in the oil and gas sector. Public financial institutions have further strengthened their position by taking market share from domestic private banks..