World population is set to hit 9.7 billion by year 2050

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    UN REPORT: World population has been increasing since a very long time. The new research studies have finally revealed a conclusion to their report: world population would comprise approximately 9.7 billion people by year 2050, where India would be the second largest country after China in terms of population.

    By 2100, the population is expected to become 11.2 billion; several countries will see a fivefold increase in their populations.

    Revelations have shown half of the growth be concentrated in India, Nigeria, Pakistan, Democratic Republic of the Congo, Ethiopia, United Republic of Tanzania, United States of America, Indonesia and Uganda. Moreover, Angola, Burundi, Malawi, Mali, Niger, Somalia and Zambia are all expected to see their populations boom by at least a factor of five.

    African region population is also believed to get doubled. Almost 41% of African population comprise of children less than 15 years of age while rest above 15 years – 24 years builds up around 19% of the total African population.

    In accord with director of the population division in the UN’s department of economic and social affairs:

    “The concentration of population growth in the poorest countries presents its own set of challenges, making it more difficult to eradicate poverty and inequality, to combat hunger and malnutrition, and to expand educational enrolment and health systems, all of which are crucial to the success of the new sustainable development agenda.”

    In 35 years of timespan, out of this 9.7 billion, around 2.4 billion people in this world would owe to high fertility rates in many countries. Life expectancy at birth was also shown to have increased significantly in the least developed countries – from 56 years in 2000-2005 to 62 years in 2010-2015. The rise is more than double that of the rest of the world.

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    I cover technology, utilities and biotechnology for Markets Morning, and I help out occasionally with other industry sectors. I've written about investment and personal finance topics for more than 20 years from a lowly copywriter to editor-in-chief, so I've done a little bit of everything. For what it's worth, I have a BA from Duke University and an MBA from Rollins College. I'm married with one daughter, and that's worth more than everything else put together.

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