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Global population growth will begin to plateau by the end of the century

A giant replica of the earth floating in a cathedral.
A replica of Earth hangs on display inside Liverpool Cathedral. Photo: Peter Byrne/PA Images via Getty Images

Global population growth is expected to drastically slow by 2100, according to new data from the UN Population Division.

Why it matters: As Axios has previously reported, population growth is key to maintaining demand for housing, filling jobs yet to be automated, and paying into pension systems pressed by demographic realities and slowing economic growth — among other things.

The big picture: Between 1995 and 2000, the population grew by 399 million people. In the last 5 years of the century, meanwhile, the population will grow by just 23 million.

Go deeper: Read Axios' special report on the aging, childless future