Population growth slowdown
Annual growth has fallen from a high of 2.1 percent between 1962 and 1965 to below 1 percent in 2020. “We’ve reached a stage in the world where the majority of countries and the majority of people in this world are living in a country that is below replacement fertility,” or roughly 2.1 children per woman, says Snow.A key factor driving global population growth is that average life expectancy continues to increase: 72.8 years in 2019, nine years more than in 1990. And the UN predicts an average life expectancy of 77.2 years by 2050.
The average age in different regions is also meaningful, currently at 41.7 years in Europe versus 17.6 years in Sub-Saharan Africa, according to Snow, who says the gap “has never been as large as it is today.”
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