Population patterns differ greatly among countries and areas. Increases in working-age populations will occur in global poverty hotspots, providing a chance to reap a demographic dividend from growing earnings. However, many of these countries are plagued by conflict and fragility, and they will need to accelerate job creation and human capital investment to capitalize on the advantage their young populations provide.
In contrast, the engines of global growth are rapidly ageing, and many will experience outright population contraction as well as shrinking working-age populations. These nations must consolidate economic gains by increasing productivity, increasing labour force participation, and implementing fiscally viable old-age support systems.
Population Trends Globally (1950 – 2100)
The world’s population expanded from 2.5 billion in 1950 to roughly 7.3 billion in 2015, and most UN projections predict that it will continue to climb until 2050/2100. Assuming the medium fertility forecast option, the world population might reach 9.7 billion by 2050, and 11.2 billion by 2100. However, if fertility and death rates remain unchanged (i.e. adopting the ‘no change’ projection alternative), global population growth rates are anticipated to be far greater, with the world population potentially reaching 10.2 billion by 2050 and 19.3 billion by 2100.
The anticipated worldwide population growth would be mostly driven by increases in Asia, notably in Africa. While Asia’s population is forecast to peak by 2050, Africa’s population is likely to grow faster.
While Asia’s population is forecast to peak by 2050, Africa’s population is expected to rise rapidly and consistently, from 1.2 billion now to around 4.5 billion by 2100, assuming medium fertility’ estimates.
Under Medium fertility’ estimates, the EU-28’s overall population is expected to rise slightly from 505 million now to 510 million by 2030, then decline in the following decades to around 465 million by 2100. Under Medium fertility’ estimates, the age structure is expected to alter dramatically, with the percentage of individuals aged 65 and older rising from 19 percent now to 30 percent by 2050 and 32 percent by 2100.
Population Trends of India
Over the last few decades, India’s growth rate has slowed dramatically, owing to increased urbanisation, higher education levels, particularly among women, and more poverty alleviation.
While India’s population growth has slowed somewhat in recent years, it is still expanding faster than China and is predicted to exceed China in population by 2026, when each would have around 1.46 billion people. After 2030, India is predicted to be the world’s most populated country.
India’s population is predicted to peak at 1.65 billion people by 2060, after which it will begin to decline. The population of children in India peaked more than a decade ago and is presently declining.
Future Projection
The population of India has been gradually increasing throughout the years. Most significantly, the population is expanding faster than that of China. India is predicted to overtake China as the world’s most populous country around 2024, although growth is expected to slow and finally decline in the later part of the twenty-first century, as it has in the past.
World Population Trends
The world’s population, estimated at almost 3,000 million in 1959, is growing at a rate of roughly 50 million per year, with no signs of slowing down anytime soon. Indeed, additional reductions in mortality without a decrease in fertility may, for a while, lead to an increase in the pace of growth.
Future Projection
- By 2100, the global fertility rate is predicted to fall to 1.9 births per woman, down from 2.5 currently. By 2070, the rate is expected to decrease below the replacement fertility rate (2.1 births per woman).
- Africa is the only region in the globe where population growth is expected to be rapid throughout the rest of the century. Between the years 2020 and 2100.
- By 2100, both Europe and Latin America are anticipated to have falling populations. The population of Europe is expected to reach 748 million in 2021. Latin America and the Caribbean are anticipated to outnumber Europe in population by 2037, peaking at 768 million in 2058.
- Asia’s population is predicted to rise from 4.6 billion in 2020 to 5.3 billion in 2055 before beginning to drop. China’s population is forecast to peak in 2031, whereas Japan and South Korea’s populations are expected to fall after 2020. The population of India is anticipated to increase until 2059, when it will reach 1.7 billion.
Conclusion
While Asia’s population is forecast to peak by 2050, Africa’s population is likely to grow faster. While Asia’s population is forecast to peak by 2050, Africa’s population is expected to rise rapidly and consistently. Under a medium fertility’ estimates, the EU-28’s overall population is expected to rise slightly from 505 million now to 510 million by 2030, then decline in the following decades to around 465 million by 2100. Under a medium fertility’ estimates, the age structure is expected to alter dramatically, with the percentage of individuals aged 65 and older rising from 19 percent now to 30 percent by 2050 and 32 percent by 2100. While India’s population growth has slowed somewhat in recent years, it is still expanding faster than China and is predicted to exceed China in population by 2026.