World Population Set to Surpass 8 Billion on New Year's Day

World | December 29, 2023, Friday // 17:16
Bulgaria: World Population Set to Surpass 8 Billion on New Year's Day @Pixabay

As we usher in the new year, the global population is on the verge of reaching a significant milestone, surging past eight billion individuals, with an increase of 75 million people this year alone, reports the Associated Press.

This year's world population growth hovered just under 1 percent, projecting an average of 4.3 births and two deaths per second at the turn of the year, as projected by the US Census Bureau.

In contrast, the US population growth rate in the past year stood at 0.53 percent, indicating slower growth compared to the international rate. The country's population is expected to hit 335.8 million at the onset of the New Year, having increased by 1.7 million individuals.

Demographic expert William Frey from the "Brooking Institute" suggests that if the current growth rate continues through the decade's end, it might mark the slowest population growth in US history. The projected growth rate from 2020 to 2030 is anticipated to fall below 4 percent.

Comparatively, the lowest US population growth occurred in the fourth decade of the last century, during the Great Depression's aftermath, with a growth rate of 7.3 percent.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

World » Be a reporter: Write and send your article
Tags: world, population, New Year, growth

Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria