Key Takeaways
- The global population reached 8 billion people on November 15, 2022, according to the United Nations;
- As of 2023, India surpassed China as the world's most populous country with 1.428 billion people;
- The median age of the world population in 2023 is 30.4 years, up from 23.7 in 1950;
- World GDP in 2023 was $105.4 trillion USD nominal;
- US GDP per capita in 2023 was $81,632, highest among large economies;
- Global inflation rate averaged 6.8% in 2023 due to energy prices;
- Global CO2 emissions reached 37.4 billion tonnes in 2023;
- Average global temperature in 2023 was 1.48°C above pre-industrial levels;
- Forest cover worldwide declined by 420 million hectares since 1990;
- Global life expectancy rose to 73.3 years in 2023;
- COVID-19 caused 7 million deaths worldwide by end 2023;
- 1 in 6 people globally live with a neurological disorder;
- Global internet users reached 5.44 billion, 67.5% penetration in 2024;
- 5G connections surpassed 1.5 billion worldwide by end 2023;
- AI market size projected to $184 billion in 2024 from $99B in 2023;
Global population and economy grew but demographic shifts and environmental issues challenge progress.
Demographics
- The global population reached 8 billion people on November 15, 2022, according to the United Nations;
- As of 2023, India surpassed China as the world's most populous country with 1.428 billion people;
- The median age of the world population in 2023 is 30.4 years, up from 23.7 in 1950;
- Nigeria is projected to become the third most populous country by 2050 with 375 million people;
- Urban population worldwide has grown from 751 million in 1950 to 4.4 billion in 2020;
- The fertility rate globally dropped to 2.3 children per woman in 2023 from 4.9 in 1950;
- Asia accounts for 60% of the world's population with 4.7 billion people in 2023;
- Life expectancy at birth worldwide increased to 73.4 years in 2023 from 66.8 in 2000;
- The population of Europe is declining at -0.13% annually as of 2023;
- Sub-Saharan Africa has the highest fertility rate at 4.6 children per woman in 2023;
- The United States population density is 36 people per square kilometer in 2023;
- China's population began declining in 2022, dropping by 850,000 to 1.411 billion;
- Global youth population aged 15-24 is 1.2 billion, 16% of total in 2023;
- Japan's population is projected to fall from 125 million in 2023 to 104 million by 2050;
- The world's working-age population (15-64) peaked at 65% in 2017 and is declining;
- Brazil's population growth rate slowed to 0.53% in 2023 from 2.96% in 1960;
- Global migration stock reached 281 million international migrants in 2020;
- Pakistan's population is 240 million in 2023, with 2.55% annual growth;
- The proportion of people over 65 globally will double from 10% to 16% by 2050;
- Indonesia's population hit 278 million in 2023, fourth largest globally;
- Africa's population doubled from 818 million in 1980 to 1.46 billion in 2023;
- Global sex ratio at birth is 105 boys per 100 girls as of 2023;
- Russia's population declined by 0.39% to 144 million in 2023;
- The world's infant population under 1 year is about 134 million in 2023;
- Bangladesh population density is 1,350 people per sq km, one of the highest;
- Global population growth rate peaked at 2.3% in 1963, now 0.88% in 2023;
- Mexico's population is 128 million in 2023 with 0.77% growth rate;
- The elderly dependency ratio globally will rise to 25% by 2050;
- Ethiopia's population grew to 127 million in 2023, 10th largest;
- Urbanization rate globally is 57% in 2023, projected 68% by 2050;
Demographics Interpretation
Economics
- World GDP in 2023 was $105.4 trillion USD nominal;
- US GDP per capita in 2023 was $81,632, highest among large economies;
- Global inflation rate averaged 6.8% in 2023 due to energy prices;
- China's GDP growth was 5.2% in 2023, contributing 30% to global growth;
- Unemployment rate globally stood at 4.9% in 2023;
- EU GDP totaled $18.1 trillion in 2023;
- India's GDP reached $3.73 trillion in 2023, fifth largest;
- Global public debt hit 336% of GDP in advanced economies by 2023;
- Japan has the highest debt-to-GDP ratio at 264% in 2023;
- Global trade volume grew 0.8% in 2023 after 5% in 2022;
- Germany's GDP was $4.46 trillion in 2023, fourth largest;
- US federal debt reached $33.2 trillion in 2023;
- Global FDI inflows fell 2% to $1.3 trillion in 2023;
- Brazil's GDP contracted by 0.1% in 2023 amid fiscal issues;
- Cryptocurrency market cap peaked at $3 trillion in 2021, $1.7T in 2023;
- Global remittances to low-income countries hit $95 billion in 2023;
- UK GDP growth was 0.1% in 2023, lowest in G7;
- Oil prices averaged $82 per barrel Brent in 2023;
- Global stock market capitalization was $109 trillion in 2023;
- France GDP at $3.03 trillion PPP in 2023;
- Corporate profits in US rose 3.9% to $3.4 trillion in 2023;
- Global poverty rate fell to 8.5% in 2023 from 38% in 1990;
- Indonesia GDP grew 5.05% to $1.37 trillion in 2023;
- Gold prices averaged $1,940 per ounce in 2023;
- Global merchandise exports reached $24.9 trillion in 2023;
- Turkey's inflation hit 64.3% in 2023;
Economics Interpretation
Education
- Global literacy rate for adults is 87% in 2023;
- Worldwide tertiary enrollment ratio reached 40% in 2023;
- 244 million children out of school globally in 2023;
- Global education spending 4.2% of GDP average;
- Female literacy rate 83.3% vs 90% male globally;
- 750 million adults illiterate, two-thirds women;
- Average years of schooling worldwide 8.8 years;
- PISA math score average OECD 472 in 2022;
- Teachers needed: 44 million more by 2030;
- Early childhood enrollment 50% in low-income countries;
- Global student-teacher ratio primary 23:1;
- Vocational training participation 11% youth globally;
- Education gender parity index 0.97 globally;
- 101 million girls out of primary/secondary school;
- Online learning users 220 million during COVID peak;
- Global MOOC enrollments 220 million in 2021;
- Learning poverty rate 70% in low-income countries;
- Public expenditure per student tertiary $17,571 OECD avg;
- Youth literacy 92% globally in 2023;
- STEM graduates 26% of higher education worldwide;
- Dropout rate secondary 15% low/middle income;
- Global edtech market $142 billion in 2023;
- Pre-primary enrollment 52% developing regions;
- Adult education participation 40% OECD countries;
- Global research output 8.9 million papers in 2022;
- School closures affected 1.6 billion students in 2020;
- Harmonized learning outcomes 5 years behind rich countries;
- Global universities number 25,000 in 2023;
- Education ROI adds 10% GDP per capita per year schooling;
Education Interpretation
Environment
- Global CO2 emissions reached 37.4 billion tonnes in 2023;
- Average global temperature in 2023 was 1.48°C above pre-industrial levels;
- Forest cover worldwide declined by 420 million hectares since 1990;
- 71% of Earth's surface is ocean, absorbing 90% of excess heat;
- Plastic pollution enters oceans at 11 million tonnes per year;
- Renewable energy share of electricity was 30% globally in 2023;
- Coral reefs cover 0.1% of ocean floor but support 25% of marine life;
- Deforestation rate in Amazon was 11,088 sq km in 2022-2023;
- Global biodiversity loss at 1 million species threatened with extinction;
- Wind power capacity reached 1,017 GW worldwide in 2023;
- Sea levels rose 3.7 mm per year from 2006-2015, accelerating;
- 90% of large fish populations overfished or depleted;
- Solar PV capacity hit 1,419 GW globally by end 2023;
- Arctic sea ice minimum extent was 4.23 million sq km in 2023;
- Protected areas cover 17% of terrestrial land and 10% oceans;
- Methane emissions from agriculture are 40% of human sources;
- Global water use tripled since 1950, 70% for agriculture;
- Number of extreme weather events doubled since 1990s;
- EV sales reached 14 million units globally in 2023;
- Crop yield growth slowed to 1.4% annually since 2010;
- Ocean acidification increased 30% since industrial revolution;
- Hydropower generated 4,150 TWh, 15% of global electricity in 2023;
- Desertification affects 40% of global land excluding polar regions;
Environment Interpretation
Health
- Global life expectancy rose to 73.3 years in 2023;
- COVID-19 caused 7 million deaths worldwide by end 2023;
- 1 in 6 people globally live with a neurological disorder;
- Childhood vaccination coverage for DTP3 was 84% in 2023;
- Global obesity tripled since 1975, 1 billion adults in 2023;
- Malaria killed 608,000 people in 2022, mostly Africa;
- Tobacco kills over 8 million people annually worldwide;
- 2.3 billion people lack basic sanitation in 2023;
- HIV prevalence is 38 million people living with it in 2023;
- Maternal mortality ratio is 223 deaths per 100,000 live births;
- 422 million adults have diabetes globally in 2023;
- Air pollution causes 7 million premature deaths yearly;
- 1.2 billion people at risk of vector-borne diseases;
- Global suicide rate is 9 per 100,000 population;
- 258 million children under 5 stunted in 2023;
- TB incidence fell to 133 per 100,000 in 2023;
- 50 million people affected by dementia in 2023;
- Hepatitis B vaccination coverage 85% among infants;
- Global cancer incidence 20 million new cases in 2022;
- 149 million children under 5 wasted in 2023;
- Alcohol causes 3 million deaths yearly, 5.3% of all deaths;
- Global adult underweight prevalence 13.4% in women;
- Polio cases dropped to 12 globally in 2023;
Health Interpretation
Technology
- Global internet users reached 5.44 billion, 67.5% penetration in 2024;
- 5G connections surpassed 1.5 billion worldwide by end 2023;
- AI market size projected to $184 billion in 2024 from $99B in 2023;
- Global smartphone shipments 1.17 billion units in 2023;
- Data centers consumed 1-1.3% of global electricity in 2022;
- Quantum computing investments reached $2.35 billion in 2023;
- Global cloud computing market $680 billion in 2024;
- Satellite internet users grew to 10 million by 2023;
- Blockchain transactions hit 500 million daily average in 2023;
- Global semiconductor sales $526 billion in 2023;
- VR/AR market reached $30 billion in 2023;
- IoT devices connected 16.6 billion in 2023;
- Global cybersecurity spending $188 billion in 2023;
- Supercomputer performance topped 1.102 exaFLOPS in 2023;
- Global e-commerce sales $6.3 trillion in 2023;
- Robotics installations 553,000 units in 2022, trend continuing;
- Global 3D printing market $22.2 billion in 2024;
- Streaming video users 1.3 billion globally in 2023;
- Global patent applications 3.5 million in 2023;
- Edge computing market $59.6 billion in 2023;
- Global drone market $30.5 billion in 2024 projection;
- Machine learning chips sales $40 billion in 2023;
- Global fiber optic subscribers 1.2 billion in 2023;
- Digital twins market $10.1 billion in 2023;
Technology Interpretation
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