India is expected to surpass China and become the world’s most populous nation within the next three months, according to a recent report by the United Nations’ population division, marking a seismic shift on the global stage in a trend with significant social and economic impact for both countries.
Of the rapidly growing 1.41 billion people in India, about 1 in 4 are under the age of 15 and nearly half are under 25. By comparison, China’s population is about 1.45 billion, but those under 25 make up only a quarter of the population.
Since 1950, India and China have accounted for an estimated 35% of the world’s population growth, with China emerging as a global industrial power. Combined, the two population epicenters are a significant slice of the world’s roughly 8 billion people.
But China’s one-child policy, which was introduced in 1980, drastically reduced its birth rate — and redirected its economic prospects. In recent years, women have been allowed to have up to three children, but the average birth rate still sits at 1.2.