KARACHI: There are 7.3 billion people alive today and while the world’s population continues to grow, it’s growing more slowly than in the past. We can expect to see an additional billion people added over the next 15 years, and about a billion more 10 years later, reaching a total population of 9.7 billion in 2050.
According to the UN’s medium variant” projection which assumes a decline in fertility rates and an increase in life expectancy, there’s a 95% chance that the world’s population will be between 9.5 and 13.3 Billion in 2100. According to this model, the world’s population is virtually certain” to rise in the short term, but later in the century, there is a roughly 23 percent chance that it could stabilize or begin to fall before 2100.
Today, about 2/3 of the world’s population lives in Asia, a figure dominated by India and China. Looking at the regional breakdown of the forecasts, we see that by 2100, Africa and Asia will be home to 4.4 and 4.9 billion individuals respectively, and will together account for 83% of the world’s population. To look at it from a different perspective, the proportion of the world’s population that’s not African or Asian looks small and relatively constant.
More than half of the global population growth between now and 2050 will occur in Africa, which will add 1.3 billion people to its ranks over the period. This 109 percent increase is by far the largest proportional change of any region. In absolute terms, Asia will be the second largest contributor to the increase in the world’s population and notably, Europe is expected to experience a shrinking population, falling 4.3 percent over the next 35 years.
This was the most interesting set of findings for me. Within seven years (by 2022), the population of India will overtake that of China, and will reach 1.7 billion by 2050. That change alone will account for 17 percent of the world’s total population increase between now and 2050. Interestingly, the United States is the only high-income country in this list, and by 2050 will be the fourth most populous country after India, China and Nigeria. In fact (bonus chart!), Nigeria’s population is expected to overtake that of the United States some time between 2045 and 2050 to reach almost 400 million.
In the medium variant” projections used above, they’ve assumed that the worldwide average fertility rate will fall from today’s 2.5 children per woman, to 2.4 by around 2030, and 2.0 by around 2100. But there’s substantial uncertainty in these projections, especially in countries with higher fertility rates. They point out that if the average fertility rate was just 0.5 children higher, the projected population for 2100 would be 16.6 Billion – more than 5 billion greater than the medium variant projection above.