As the global human population is making records with a figure of 7.3 billion in 2015, Australia is all set to reach a population of 24 million on Feb 16, 2016.
The Bureau of Statistics has reported that the population clock will reach the limit 24 million at 12:51 on Tuesday. This growth seems to be much faster than the country expected.
In the year 1999, when the population of Australia reached 19 million, the Bureau predicted that the population would not reach 24 million until 2033.
The fertility rate increased from 1.75 babies per woman in 2001 to two babies per woman from 2007 to 2010. While the life expectancy rose from 76.6 years to 80.3 years for men and from 82 years to 84.4 years for women, the overseas migration has also outnumbered the recent forecasts.
When factors like births, deaths, migration rate are taken into consideration, the population seems to increase by one person, every one minute and 31 seconds.
Bureau of Statistics Director of Demography, Beidar Cho said, "Australia's population is expected to reach 25 million in 2018 and it is being projected that the population will keep on increasing by a million persons at every interval of two to three years."