India’s labor force participation rate, an estimation of the active workforce and people looking for work, stood at 46%, which is among the lowest in Asia, according to 2021 data from the World Bank. Already, data show a growing number of Indians are not even looking for work, given the lack of opportunities and low wages. This number is expected to hit more than 1 billion over the next decade, according to the Indian government.īut these numbers could become a liability if policymakers do not create enough jobs, experts warned. India’s working-age population stands at more than 900 million, according to 2021 data from the Organization for Economic Cooperation and Development. “A country’s demographic dividend depends not only on the total number, but also on the quality not only on the population, but also on the talent,” Foreign Ministry spokesman Wang Wenbin told reporters Wednesday when asked about the latest UN projection. Along with the flagging population data, China also reported one of its worst economic growth numbers in nearly half a century last year, underscoring the steep challenges the country faces as its labor force shrinks and the ranks of the retired swell.īeijing’s leaders have sought to downplay the significance of being overtaken by India. India overtaking China will have significant economic implications for both Asian giants. The birth rate also fell to a record low of 6.77 births per 1,000 people, down from 7.52 a year earlier and the lowest level since the founding of Communist China in 1949. But, contrary to public perception, population growth has been slowing in both countries - particularly in China, which recorded a population decline for the first time in six decades last year.Ĭhina’s population fell in 2022 to 1.411 billion, down some 850,000 people from the previous year, according to China’s National Bureau of Statistics (NBS). It underscores the need for effective population management strategies, sustainable development practices, and investments in social and economic infrastructure to ensure a prosperous future for the world's most populous nation.China and India together will account for more than a third of the estimated global population, which is expected to hit 8.045 billion by mid-year, the UN report said. The shift in global population dynamics carries significant implications for India, China, and the world at large. The country boasts famous attractions such as the Taj Mahal and the Amber Palace, which draw visitors from far and wide. Before the COVID-19 pandemic, India attracted approximately seven million tourists from around the world. India's population milestone also highlights the country's appeal as a tourist destination. Additionally, the country's infrastructure, resources, and environmental sustainability are under pressure due to the growing population. With a large youth population, India faces the challenge of providing adequate education, healthcare, and employment opportunities. India's status as the most populous country in the world has implications for various aspects, including social, economic, and environmental factors. Additionally, India contributes significantly to the global working-age population growth, accounting for 23% of the growth between 20. This is attributed to the considerable number of women entering their reproductive years in India. The margin between India and China's population is closing rapidly due to India's higher population growth rate. In terms of total area, India ranks seventh globally, while China is the largest country in Asia and the third largest country in the world. India covers an area of 3.287 million square kilometers, while China spans a massive 9.597 million square kilometers. It is noteworthy that India has managed to surpass China in population despite its significantly smaller land area. In contrast, China's population growth rate has been on the decline as well, experiencing a decline after reaching a peak of 1.426 billion inhabitants in 2022. However, India's population growth rate has been declining, reaching its lowest level since 1960 at 0.61 percent in 2023. The population growth in both India and China has been slowing down, but India's growth rate is still higher than China's.
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