The growth rate of a population is a pivotal number that indicates the rate at which the number of individuals in a population increases (or decreases) over time. Calculating this number is essential for planning in various sectors such as urban development, resource allocation, and policy formulation.
The formula for calculating growth rates accounts for both the CBR and CDR, thereby providing a numerical representation of overall population dynamics.
- Use the growth rate formula: \[\text{Growth Rate} = \frac{(\text{CBR} - \text{CDR})}{10}\]
This result gives you the annual percentage growth rate of the population. This foundational concept assists planners in understanding if a population is increasing rapidly, slowly, or decreasing, allowing for more informed decision-making concerning everything from infrastructure to environmental impact assessments.