In a significant development, India has surpassed China as the world’s most populous country.
According to projections from the World Population Review (WPR,) India’s population was 141.7 crore as of the end of 2022, which is little more than 50 lakh from the population of China, which is at 141.2 crores.
On the 17th of January, the Chinese Government announced the new data and confirmed their population to be at 141.2 croresm, when there was the first fall since the 1960s.
Meanwhile, India, a country where 50% of the population is under 30, is anticipated to have the world’s fastest growing major economy. The milestone was supposed to be reached later this year, according to the UN. According to WPR, India’s population increased to 142.3 crore people as of January 18. WPR predicts that, though India’s population growth has slowed, it will still climb until at least 2050.The most recent figure for India is 142.8 crore, according to a different estimate from the research platform Macrotrends. After postponing population surveys due to pandemic disruptions in 2021, the nation did not release its once-every-ten-year census statistics.
In his January 18 report, Bloomberg Economist Eric Zhu referred to the minor recession that China is currently experiencing as a “growth crushing headwind for a long time”. According to information made public by the National Statistics Bureau, China’s population decreased by 8.5 lakh in 2022 compared to the previous year.
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