24 Aug 2022
Global Population: The next 1000 babies
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The World population is set to reach 8 billion humans however the fertility rate is collapsing globally as woman do not want to give birth to 8 to 12 babies.
Click for chart.
The likelihood of the global fertility rate reverting back to 8 to 12 babies per woman is very unlikely given that as each nation/society becomes more affluent, people want more choice in living their best life which requires more financially resources and that means less babies.
If we take a closer look at trends, it is the Developed World nations that are at the greatest risk of becoming economically irrelevant over the next 80 years with Asia and Africa combining to deliver 837 of the next 1000 babies to be born.
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