Nigeria’s Population Projected to Increase by 54% by 2050, While Global Population Reaches 9.6 Billion, Report Finds
A new report by the Population Reference Bureau (PRB) forecasts that Nigeria’s population will rise by 54% by 2050, while the current global population of over eight billion is expected to approach nearly 9.6 billion.
The PRB provides comprehensive data on population growth, decline, age structure, and fertility trends at global, regional, and country-specific levels. Currently, Nigeria’s population is estimated at 232 million, accounting for approximately 2.85% of the total world population.
The 2024 World Population Data Sheet highlights several key projections for 2050, including a 54% increase in Nigeria’s population, an almost 90% rise in Tanzania’s population, an increase in India’s population from 1.4 billion to nearly 1.7 billion, and a decrease in South Korea’s population from just under 52 million to slightly over 47 million.
The report also examines age structure, noting that 10% of the global population is aged 65 and older, while 25% are under 15. Sub-Saharan Africa is identified as the youngest region, with 41% of its population aged 15 or younger.
In contrast, the oldest populations are found in Monaco (Italy), where 36% are aged 65 and older, followed by Japan at 29%, and Southern Europe, the oldest region globally, with 22% of its population in that age group.
Additionally, the report reveals that about 50% of the world’s population lacks access to quality primary healthcare.
On a global scale, 63% of married women aged 15-49 utilize some form of family planning. The usage rates vary significantly by region, with 78% in South America compared to 50% in Northern Africa and 45% in Eastern Africa.