In the far 1960s, global population growth peake was at a 2.1% annual rate, but since that time it has been on a historic downtrend.
In fact, according to the most commonly cited United Nations projection, which is based on a medium fertility rate scenario, it’s expected that annual population growth could drop all the way to 0.1% by the end of the 21st century.
Top 20 Countries With The Highest Population Growth 1962-2019 (Video Live Chart)
How the population grows in any particular country is a function of fertility, mortality, and migration rates, and these outliers each have something anomalous happening at least one of these factors.
In 1995, a previously dormant volcano erupted in this British Overseas Territory in the Caribbean, destroying the island’s capital city of Plymouth. People evacuated, mostly fleeing to the United Kingdom, and the population of the island dropped by two-thirds over the period of five years.
Interestingly, Plymouth is still listed as the territory’s capital city today, making it the only capital city of a political jurisdiction that is completely abandoned.
So, lets find out how the population have been changing since 1961 in the video below:
With the future demographic composition looking very different than today, it will be fascinating to see how the economy responds to these potential tailwinds. Further, it will be even more interesting to see what role automation will play as the old-age dependency ratio hits historic highs.
The Video along with Data has been prepaird by LiveChart