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Business Environment Profiles - United States

Population

Published: 17 March 2025

Key Metrics

Population

Total (2025)

338 Million

Annualized Growth 2020-25

0.4 %

Definition of Population

The data for this report, including forecasts, are sourced from the US Census Bureau and IBISWorld. The estimates provided refer to the population as of July 1st for that year. The forecasts in this report assume that fertility rates will decline before stabilizing.

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Recent Trends – Population

Population growth has eased over the past few decades as family sizes have shrunk. Regardless, the population has expanded as longevity has increased, thanks to rampant medical innovation and improved health awareness. Combined with slowing new births, the balance has shifted toward an aging population, with the median age in the United States rising incrementally yearly.

A considerable portion of population growth throughout the nation's history has occurred through immigration. But, various actions taken by the Trump Administration did curtail immigration rates in the recent decade amid more resources being allocated to border control and from governmental policies like Title 42 in 2020, which restricted undocumented immigration during the midst of the COVID-19 pandemic. Even so, because of long-term trends, the decade to 2020 marked one of the slowest periods in population growth. Declining birth and fertility rates led to continued slow growth in 2021 and 2022, rising just 0.2% and 0.4%, respectively. However, considering that the United States is still desirable for many worldwide for various reasons, having this strong appeal is also helping to bolster immigration rates and expand its population rates. Various policies to grant temporary protection status and to grant asylum for those who are fleeing from war-torn areas have also been helping scale up population rates in the country.

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5-Year Outlook – Population

Through the end of 2030, the domestic population is set to expand at a tempered rate. Older gener...

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