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Population Boom and Bust?

This is a syndicated repost published with the permission of Statista | Infographics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The world has already set the course for a future population decline – while experts agree on this, they haven’t been on the same page about just how fast the number of people on this Earth will shrink.

In an article published in medical journal The Lancet, researcher of the University of Washington, for example, challenge the U.N. population division‘s view that world populations will rise beyond then end of this century. They assume that by 2100, the population of the world will be between 6.3 and 8.8 billion people – so potentially fewer than in the year 2020. The researchers conclude that the speed of population decline is linked to the speed of the attainment of developmental goals, most notably education for women and girls and access to contraception. Furthermore, the Lancet authors point out that models of populations growth have proven to be very stable while those dealing with population decline were much less reliable.

While in the U.N.’s data, the world population would continue to grow past 2100, the Lancet article’s base scenario assumes it will peak in 2064 at 9.7 billion people. According to the researchers, populations in Europe and Central Asia would already peak in 2023, while that date would be 2032 in East and Southeast Asia, 2049 in South Asia, 2055 in Latin America, 2064 in the U.S. and Canada as well as 2084 in North Africa and the Middle East and 2100 in Sub-Saharan Africa (taking into account migration patterns).

This chart shows the world’s population in 1950, 2020 and projections for 2100.

world population 1950 2020 2100

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