The United Nations had expected the milestone to be reached later this year. As of Jan. 18, India’s population had already climbed to 1.423 billion, according to WPR. Another estimate by research platform Macrotrends puts the latest number for India at 1.428 billion. The country didn’t publish its once-in-a-decade census data in 2021, after deferring population surveys due to pandemic disruptions.
India may have already surpassed China as the world’s most populous nation in a milestone that adds urgency for Prime Minister Narendra Modi to create more jobs and ensure the country sustains its world-beating growth. The South Asian nation’s population stood at 1.417 billion as of the end 2022, according to estimates from the World Population Review, an independent organization focused on census and demographics.
That’s a little over 5 million more than the 1.412 billion reported by China Tuesday when authorities there announced the first decline since the 1960s. India, where half the population is under the age of 30, is set to be the world’s fastest-growing major economy in the coming years. To make the most of the demographic dividend, Modi needs to create jobs for the millions of people entering the workforce every year as the nation moves away from farm jobs.
The United Nations had expected the milestone to be reached later this year. As of Jan. 18, India’s population had already climbed to 1.423 billion, according to WPR. Another estimate by research platform Macrotrends puts the latest number for India at 1.428 billion. The country didn’t publish its once-in-a-decade census data in 2021, after deferring population surveys due to pandemic disruptions.
The government’s move last year to restrict the tenure of soldiers in India’s armed forces to four years illustrated the strain on the administration to create jobs and pay for them. Modi, who is due to seek reelection by May 2024, has been pushing to improve the share of manufacturing in the economy to 25% from the current 14%.
Despite India’s rapid economic growth pre-Covid and relatively strong recovery from the pandemic, about 800 million people still rely on free food rations from the government, the world’s largest program of its kind.
China, on the other hand, is currently seeing a slight contraction, which Bloomberg Economist Eric Zhu described as a “growth-crushing headwind for a long time” in his Jan. 18 note. China’s population shrank by 850,000 in 2022 compared to a year ago, according to data released by the National Statistics Bureau.
