The growth of Christian populations and their impact on the global economy

The global Christian population is experiencing significant growth, particularly in regions such as sub-Saharan Africa and the Asia-Pacific. This demographic shift is poised to influence various aspects of the global economy, from human capital development to market dynamics.

As of 2023, approximately 2.4 billion people identify as Christians, constituting nearly one-third of the world's population. Projections indicate that by 2050, this number will rise to 2.9 billion, maintaining Christianity's share of the global population at around 31%. Notably, the distribution of Christians is changing.

In Sub-Saharan Africa, the Christian population is expected to double from 517 million in 2010 to 1.1 billion by 2050, increasing its share of the world's Christians from 24% to 38%.

Asia-Pacific is also witnessing substantial growth in its Christian demographic, contributing to the global shift in Christianity's centre of gravity.

Economic Implications

Christian entrepreneurship is on the rise, with many Christian business leaders using their faith to guide their business practices. This has led to the creation of businesses that prioritise social responsibility, environmental sustainability, and ethical practices.

For example, companies like Chick-fil-A and Hobby Lobby, founded by Christian entrepreneurs, have become successful while maintaining their Christian values. This trend is expected to continue, with Christian entrepreneurs playing an increasingly important role in shaping the global economy.