The chart shows the annual rate of global population growth according to historical estimates and projections from the UN World Population Prospects.

The growth rate peaked in 1963 at over 2% per year, and since then, it has more than halved, falling to less than 1% by 2020.

The UN demographers expect rates to continue falling until the end of the century, eventually leading to negative growth rates and a shrinking global population.

Source: Our World in Data.

  • Iconoclast@feddit.ukEnglish
    12·
    15 days ago

    Is that a bad thing?

    It is for the increasingly small number of working age people having to pay the retirement and medical expenses of the increasingly large number of old people.

    • Eternal192@anarchist.nexusEnglish
      5·
      15 days ago

      People are unable to afford groceries for themselves and having even 1 or 2 children on an already strained budget and that budget is from both parents working 2 jobs.

      The retirement system was conceptualised in an age when 1 household could support itself with 1 income while having 3-5 children and could also afford a car, house and vacation, none of that is possible these days and keeps getting worse so declining population is the direct consequence for worsening standard of life.