There are approximately 8.16 billion people living in the world today, a figure that shows a dramatic increase since the beginning of the Common Era. Since the 1970s, the global population has also more than doubled in size. It is estimated that the world's population will reach and surpass 10 billion people by 2060 and plateau at around 10.3 billion in the 2080s, before it then begins to fall. Asia When it comes to number of inhabitants per continent, Asia is the most populous continent in the world by a significant margin, with roughly 60 percent of the world's population living there. Similar to other global regions, a quarter of inhabitants in Asia are under 15 years of age. The most populous nations in the world are India and China respectively; each inhabit more than three times the amount of people than the third-ranked United States. 10 of the 20 most populous countries in the world are found in Asia. Africa Interestingly, the top 20 countries with highest population growth rate are mainly countries in Africa. This is due to the present stage of Sub-Saharan Africa's demographic transition, where mortality rates are falling significantly, although fertility rates are yet to drop and match this. As much of Asia is nearing the end of its demographic transition, population growth is predicted to be much slower in this century than in the previous; in contrast, Africa's population is expected to reach almost four billion by the year 2100. Unlike demographic transitions in other continents, Africa's population development is being influenced by climate change on a scale unseen by most other global regions. Rising temperatures are exacerbating challenges such as poor sanitation, lack of infrastructure, and political instability, which have historically hindered societal progress. It remains to be seen how Africa and the world at large adapts to this crisis as it continues to cause drought, desertification, natural disasters, and climate migration across the region.
While the BRICS countries are grouped together in terms of economic development, demographic progress varies across these five countries. In 2019, India and South Africa were the only BRICS countries with a fertility rate above replacement level (2.1 births per woman). Fertility rates since 2000 show that fertility in China and Russia has either fluctuated or remained fairly steady, as these two countries are at a later stage of the demographic transition than the other three, while Brazil has reached this stage more recently. Fertility rates in India are following a similar trend to Brazil, while South Africa's rate is progressing at a much slower pace. Demographic development is inextricably linked with economic growth; for example, as fertility rates drop, female participation in the workforce increases, as does the average age, which then leads to higher productivity and a more profitable domestic market.
In 2023, it is estimated that the BRICS countries have a combined population of 3.25 billion people, which is over 40 percent of the world population. The majority of these people live in either China or India, which have a population of more than 1.4 billion people each, while the other three countries have a combined population of just under 420 million. Comparisons Although the BRICS countries are considered the five foremost emerging economies, they are all at various stages of the demographic transition and have different levels of population development. For all of modern history, China has had the world's largest population, but rapidly dropping fertility and birth rates in recent decades mean that its population growth has slowed. In contrast, India's population growth remains much higher, and it is expected to overtake China in the next few years to become the world's most populous country. The fastest growing population in the BRICS bloc, however, is that of South Africa, which is at the earliest stage of demographic development. Russia, is the only BRICS country whose population is currently in decline, and it has been experiencing a consistent natural decline for most of the past three decades. Growing populations = growing opportunities Between 2000 and 2026, the populations of the BRICS countries is expected to grow by 625 million people, and the majority of this will be in India and China. As the economies of these two countries grow, so too do living standards and disposable income; this has resulted in the world's two most populous countries emerging as two of the most profitable markets in the world. China, sometimes called the "world's factory" has seen a rapid growth in its middle class, increased potential of its low-tier market, and its manufacturing sector is now transitioning to the production of more technologically advanced and high-end goods to meet its domestic demand.
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There are approximately 8.16 billion people living in the world today, a figure that shows a dramatic increase since the beginning of the Common Era. Since the 1970s, the global population has also more than doubled in size. It is estimated that the world's population will reach and surpass 10 billion people by 2060 and plateau at around 10.3 billion in the 2080s, before it then begins to fall. Asia When it comes to number of inhabitants per continent, Asia is the most populous continent in the world by a significant margin, with roughly 60 percent of the world's population living there. Similar to other global regions, a quarter of inhabitants in Asia are under 15 years of age. The most populous nations in the world are India and China respectively; each inhabit more than three times the amount of people than the third-ranked United States. 10 of the 20 most populous countries in the world are found in Asia. Africa Interestingly, the top 20 countries with highest population growth rate are mainly countries in Africa. This is due to the present stage of Sub-Saharan Africa's demographic transition, where mortality rates are falling significantly, although fertility rates are yet to drop and match this. As much of Asia is nearing the end of its demographic transition, population growth is predicted to be much slower in this century than in the previous; in contrast, Africa's population is expected to reach almost four billion by the year 2100. Unlike demographic transitions in other continents, Africa's population development is being influenced by climate change on a scale unseen by most other global regions. Rising temperatures are exacerbating challenges such as poor sanitation, lack of infrastructure, and political instability, which have historically hindered societal progress. It remains to be seen how Africa and the world at large adapts to this crisis as it continues to cause drought, desertification, natural disasters, and climate migration across the region.