The G20 (Group of Twenty) is an international forum of the world's largest economies, consisting of 19 countries and the European Union. Established in 1999, the G20 is a platform for international economic cooperation and decision-making. Its scope covers a wide range of global economic and financial issues, including financial regulation, trade, employment, and development. The G20's primary goal is to promote stable and sustainable global economic growth and development, and to address the challenges of globalization. The group holds regular summits and meetings to discuss these issues and to coordinate policies. The G20 countries represent roughly 85% of global GDP and two-thirds of the world's population