As the world’s population is about to pass eight billion, Bull and Bear consider the ramifications of the UN’s latest demographic predictions.
The UN reckon that on 15 November 2022 the global population will pass eight billion. If we all held hands, we would wrap around the Earth three hundred times!
The global population is expected to reach 9.7 billion by 2050. More than half the projected increase will be concentrated in just eight countries.
The additional 10 million people who are going to be living in the UK over the next twenty-eight years is the equivalent to another London and Birmingham combined.
The share of the global population aged 65 years plus is expected to rise from 10% to 16% by 2050. In the UK, it is even higher.
Demographic Challenges