Half of the people living in Africa are 19 years old or younger, which makes it the youngest continent.
With an average birth rate of 4.4 children per woman, its population is projected to nearly triple by the end of the century.
This means Africa should be primed for economic growth with a young and expanding workforce, compared with countries like Japan and Italy where half the population is in their late forties or older.
In 2021 India and China each had roughly the same number of people as the entire African continent (1.4-billion). With young populations and high fertility rates, the populations of many African countries are growing rapidly. But does size matter?
‘China has taken advantage of its immensity to change the world more than any other nation over the past generation. Will India do the same in the next generation to come?’ was a question asked in a New York Times article in April 2023.
We could ask the same question of Nigeria, Ethiopia and the Democratic Republic of Congo.
China’s gross domestic product started to increase rapidly in the 1990s, shortly after its population had reached 1-billion. Comparing the GDP per capita of China with the three African countries – and adding India and South Africa for context – it’s clear that China’s meteoric economic growth since the 1990s is about more than simply a massive workforce. India’s population reached 1-billion in 1997, , according to the UN’s World Population Prospects data.
Apart from China and India, there were 12 countries estimated to have 100-million people or more in 2021. Three of them are in Africa. By 2100, this will have nearly quadrupled to 11 countries out of 23 globally.
Nigeria’s population, for example, will have more than doubled to 546-million and it will have overtaken the United States as the third most populous country, according to the UN’s projections.
By the end of this century, five of the 10 most populous countries will be in Africa.