Long-term population projections: Scenarios of low or rebounding fertility

The size of the human population is projected to peak in the 21st century. But quantitative projections past 2100 are rare, and none quantify the possibility of a rebound from low fertility to replacement-level fertility. Moreover, the most recent long-term deterministic projections were published a decade ago; since then there has been further global fertility decline. Here we provide updated long-term cohort-component population projections and extend the set of scenarios in the literature to include scenarios in which future fertility (a) stays below replacement or (b) recovers and increases. We also characterize old-age dependency ratios. We show that any stable, long-run size of the world population would persistently depend on when an increase towards replacement fertility begins. Without such an increase, the 400-year span when more than 2 billion people were alive would be a brief spike in history. Indeed, four-fifths of all births-past, present, and future-would have already happened.