This article is about what is the world’s population. Many people wonder how many humans are living on this planet, and how fast this number is growing.
What is the World’s Population?
According to the United Nations, the world population exceeded eight billion in mid-November 2022. This is a remarkable milestone, considering that it took around 300.000 years of human prehistory and history for the human population to reach one billion, and only 222 years more to reach 8 billion .
The current world population, as of September 2023. is estimated to be 8.058.145.031 according to Worldometer , which uses the latest data from the U.N. and other sources. This number is constantly changing, as births and deaths occur every second. You can see the live update of the world population clock on their website.
The world population growth rate is also declining, as fertility rates drop and life expectancy increases. The annual increase in 2023 is projected to be 0.88%, which is lower than the 1.1% average of the past decade. The U.N. expects the world population to reach 9.7 billion by 2050 and 10.9 billion by 2100.
Percentage of Crypto Users in the World
Estimating the exact percentage of cryptocurrency users worldwide is a challenging task due to various methodologies and data sources. However, several approaches have been used to gauge global crypto adoption:
1. Chainalysis Global Crypto Adoption Index: Chainalysis ranks 154 countries based on metrics like on-chain cryptocurrency value received, retail value transferred, on-chain deposits, and P2P exchange trade volume. Their latest report estimated over 220 million active crypto users globally. This index focuses on grassroots adoption rather than institutional involvement.
2. Statista Global Consumer Survey: Statista conducts surveys in 55 countries to measure awareness and usage of cryptocurrencies among internet users. Respondents are asked if they've ever used or owned cryptocurrencies, yielding a percentage for each country. In their 2021 survey, the global average of crypto users was 9%, with higher percentages in countries like Nigeria, Vietnam, and the Philippines. However, this data may not be representative of the entire population, as it relies on internet users who chose to participate.
3. Cambridge Bitcoin Electricity Consumption Index (CBECI): Maintained by the University of Cambridge, CBECI tracks Bitcoin's energy consumption and environmental impact. It offers tools to estimate Bitcoin users based on different assumptions. Their calculator employs both top-down and bottom-up approaches, resulting in user estimates ranging from 101 million to 191 million as of September 2021.
While these methods provide valuable insights into crypto adoption, it's essential to consider their limitations and variations in data sources. Accurately pinpointing the percentage of global crypto users remains a complex endeavor.
Bottom Line
In this article, we have discussed what is the world’s population. As technology improves and awareness increases, we can expect more people to join the crypto revolution in the future.
