To grow, economies need people and a high population growth rate. Over the last decade, there was a direct correlation between population growth and economic growth: Countries with a higher population growth rate also had higher real GDP growth, and conversely, fewer people meant lower economic growth.

The global population is estimated to have increased from just over seven billion in 2013 to almost eight billion in 2025. As an indication of economic vitality, population growth stagnated and declined in advanced economies but increased in developing and emerging economies, especially Sub-Saharan Africa and the Middle East & North Africa.
Population growth data from 2014 to 2023 reveal a striking correlation with economic growth:
- The 93 economies with population growth above the global average of 1%, mainly developing and emerging countries, had an average real economic growth rate of 3.1%.
- The 53 economies with population growth between 0% and 1% had an average economic growth rate of 2.3%.
- The 28 economies with negative population growth, primarily in Central and Eastern Europe, had an average real economic growth rate of 1.4%.
Population growth data over this period also reveal a few additional conclusions:
- Among the top 20 economies with the fastest population growth, 13 are located in Africa and four in the Middle East & North Africa. The top three are Qatar (4.4%), Papua New Guinea (4.4%) and Jordan (4%).
- The populations of most advanced economies grew by less than 1%, such as the U.S. (0.6%), Germany (0.5%), France (0.3%) and China (0.3%).
- Economies with negative population growth include advanced economies such as Italy (-0.2%), Japan (-0.2%) and Poland (-0.3%) but are predominantly located in Eastern Europe, including Lithuania (-0.3%), Belarus (-0.3%), Hungary (-0.3%), Croatia (-1%) and Ukraine (-2.7%).
ANDAMAN PARTNERS supports international business ventures and growth. We help launch global initiatives and accelerate successful expansion across borders. If your business, operations or project requires cross-border support, contact connect@andamanpartners.com.

Asia’s Shifting Role in Global Supply Chains — Perspectives by ANDAMAN PARTNERS Co-Founder Rachel Wu
Analysis by ANDAMAN PARTNERS Co-Founder Rachel Wu on changing patterns in global supply chains.

ANDAMAN PARTNERS Co-sponsored the West Australian Mining Club Luncheon in Perth on 27 February 2025
WA Mining Club luncheons are valuable ways to network with colleagues and clients and learn about the latest industry insights.

ANDAMAN PARTNERS at Mining Indaba 2025 (V) — Co-Founder Rachel Wu Interviewed by Mining Review Africa
Rachel Wu was interviewed by Mining Review Africa on ANDAMAN PARTNERS and the importance of Asia for the African mining sector.

Vietnam’s Remarkable Growth Story and Opportunity in 2 Charts: GDP Grew by 10% and Exports by 14% Annually Over the Past 20 Years
Vietnam’s sustained export growth, diversification and economic resilience make it a key player in global trade.

India Has Become a Priority Market for Global Sourcing: Strong Export Growth and Increasing Diversification of Sectors and Partners
India’s export ecosystem will continue to grow and diversify, positioning the country well for further export-driven economic expansion in the coming years.

Changing International Trade Patterns Are Yielding New Export Opportunities to Global Markets
The global trade environment is evolving at an unprecedented pace. Astute export managers must identify and manage a host of new opportunities.