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A Brief Look at The Nigerian Population Growth Since 1950

By - - [ Must Read Economy ]

Population is the totality of the number of persons domicile in a country. Population growth can simply be seen as the continuous increase in the population of a country. Nigeria has been experiencing rapid growth in population since 1950 till date.

For better understanding we are going to use the table below to show how the population of Nigeria has been over the years since 1950.

Nigeria population growth rate (1950-2018)

Year

Population

Growth rate

World rank

1950

37,859,744

1.49%

13

1960

45,137,812

2%

13

1970

55,981,400

2.31%

11

1980

73,460,724

2.9%

11

1990

95,269,988

2.61%

10

2000

122,352,009

25,3%

10

2010

158,578,261

2.7%

7

2018

195,875,237

2.61%

7

Table showing Nigeria population (worldometers.com)

From the table above we can observe that the population of Nigeria as been increasing rapidly yearly since 1950 till date. As a matter of fact, the total population increased from 37,859,744 in 1950 to about 195,875,237 in 2018, which is an addition of 158,015493 persons within 68 years.

As at January 2019 the population of Nigeria is about 198,472,526 and by December it is estimated to be about 200,962,417 with a growth rate of 2.6%.

The population of Nigeria has been forecasted to even move higher than what is currently experienced. In fact, Nigeria’s population is expected to be the 3rd largest in the world by 2050 just behind China and India.

Forecast of Nigeria population

Year

Population

Country share of

World population

World rank

2020

206,152,701

2.64 %

7

2025

233,691,888

2.85 %

5

2030

264,067,527

3.09 %

5

2035

297,323,173

3.34 %

5

2040

333,172,092

3.62 %

4

2045

371,119,359

3.90%

4

2050

410,637,868

4.20 %

3

Table showing Nigeria population forecast (worldometers.com)

Keynotes:

  • Nigeria as the highest population in Africa
  • Nigeria is the most populous black (Negroid) nation on earth
  • Nigeria as the seventh highest population in the world
  • Nigeria accounts for about 2.6% of the world’s total population
  • Nigeria as a population density of 221 per km square
  • Nigeria’s total land area is 910,770 km square
  • Nigeria has a median age of 17.9 years
  • Nigeria as at Jan. 2019 as a total of about 104,282,822 people (51.9% of the total population) living in urban areas.

Population growth plays both negative and positive development in an economy. What this means is that population growth can boost economic development and it can also retard economic development.

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