According to UN estimates, India’s population will be greater than China’s next year, with 1.4 billion people. The world’s population will be 8 billion by November of this year. However, population growth is not as rapid as it once was. It is now growing at its slowest rate since 1950, with a peak of around 10.4 billion people expected in the 2080s, though some demographers believe it could happen sooner. In contrast, global population growth is uneven. At the same time, fertility rates are falling below the “replacement rate” of 2.1 children per woman in some of the world’s most developed economies. The population of 61 countries will decline by at least 1% by 2050, according to the report. China, which has one of the world’s lowest fertility rates (1.15 children per woman), has announced that its population will begin to decline next year, much sooner than previously predicted, despite the country abandoning its one-child policy in 2016 and giving financial support to couples to have two or more children.