India is expected to overtake China as the world’s most populous country in 2023, with each of them numbering more than 1.4 billion this year, according to a United Nations report released today, warning that high birth rates can be a challenge to economic development.
The world’s population, estimated to reach 8 billion by November 15 this year, could rise to 8.5 billion in 2030 and 10.4 billion in 2100 as the death rate slows, according to a report that published on the occasion of World Population Day.
India’s population was 1.21 billion in 2011, according to the domestic census, which is conducted once every decade. The government has delayed the 2021 census due to the COVID-19 pandemic.
The world’s population is growing at its slowest pace since 1950, falling below 1% in 2020, according to United Nations estimates.
In 2021, the average fertility rate of the global population was 2.3 births per woman over their lifetime, down from about 5 births in 1950. Global fertility is projected to further decline to 2.1 births per woman by 2050.
“It is an occasion to celebrate our diversity, recognize our common humanity and admire the achievements in health that have extended life spans and dramatically reduced maternal and child mortality rates,” said UN Secretary-General Antonio Guterres. in an announcement.
But population growth is a reminder of our shared responsibility to care for the planet and to “reflect on whether we are still falling short of our commitments to each other,” he said.
In a reference to an earlier World Health Organization report — which estimated about 14.9 million deaths linked to the COVID-19 pandemic between January 2020 and December 2021 — the UN report notes that the global life expectancy at birth fell to 71 years from 72.8 years in 2019, mainly due to the pandemic.
The United Nations has reported that more than half of the projected increase in global population by 2050 will be in eight countries – Congo, Egypt, Ethiopia, India, Nigeria, Pakistan, the Philippines and the United Republic of Tanzania.
Sub-Saharan African countries are expected to contribute more than half of the expected increase by 2050. However, the population of 61 countries is projected to decline by 1% or more from 2022 to 2050 due to declining birth rates.
Source: Capital

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.