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World Clock

Sunday, October 23, 2011

Global population set to reach 7 billion this month

SEOUL, Oct. 23 (Yonhap) -- The world's population is expected to hit 7 billion by the end of this month, more than quadrupling from 100 years earlier, a report showed Sunday.

According to the report by insurance giant Allianz Group, the planet's population is set to reach the new milestone at the end of October, compared with 1.65 billion a century ago, due mainly to improvements in hygiene and nutrition.

Asia has the bulk of the world's population. The region topped the list with 4.2 billion, followed by Africa with 1 billion and South America with 600 million, the report showed.

By country, China was the most populous country with 1.3 billion, followed by India with 1.2 billion.

By economic power, three out of four people were living in developing countries and emerging markets, according to the report.

Meanwhile, the report forecast that the world's population will hit 8 billion between 2020 and 2030. By 2082, a total of 10 billion people are expected to be living on the planet, the report said.

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