GENEVA, SWITZERLAND – The United Nations’ latest projections indicate that the world’s population could grow to around 8.5 billion in 2030 and 9.7 billion in 2050, before reaching a peak of around 10.4 billion people in the late 2080s due to recent reductions in fertility. This has led to a “demographic divide” in Latin America and the Caribbean.
As far as the population is concerned, it is likely to remain the same until 2100.
As reported on Monday to coincide with World Population Day (WPD), the global population is growing at its slowest rate since 1950, having fallen to less than 1% in 2020.
Many countries have experienced a marked decline in fertility in recent decades, according to the report. Over two-thirds of the global population lives in countries or areas where lifetime fertility is below 2.1 births per woman, roughly the level required for zero growth in the long run.
As a result of low fertility rates and, in some cases, high emigration rates, the population of 61 countries or areas is expected to decline by at least one percent over the next three decades.
Several countries in sub-Saharan Africa, as well as parts of Asia, Latin America, and the Caribbean, have seen a “demographic divide” as a result of recent reductions in fertility. Due to the rise in the working-age population (25-64 years old), economic growth per capita can be accelerated.
As a result, countries should ensure access to health care and quality education at all ages, as well as promote opportunities for productive employment and decent work in order to maximise this opportunity,” the report states.