The pace of population growth has been gradually slowing for decades, even though the world’s population is projected to keep growing until around 2100. For the first time since 1950, the pace of population growth on the planet dipped below 1% in 2020. The population growth rate maintains a downward trend that started in the 1970s when it was calculated in five-year intervals.
With over 140 million infants born each year, the world’s population is still growing. The world population is expected to reach 8.5 billion people by 2030, 9.7 billion by 2050, and 10.4 billion by 2080, where it will stay until 2100, according to the United Nations’ 2022 World Population Prospects report.
Africa currently stands as the fastest-growing economy in the world, boasting the youngest population of any region. As a result, the population growth prediction stated above juxtaposes numerous economic benefits with problems associated with poor management of population growth.