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Business Environment Profiles - United States

Population

Published: 05 March 2026

Key Metrics

Population

Total (2026)

340 Million

Annualized Growth 2021-26

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

In 2026, the US population is estimated to reach 339.5 million, increasing by 0.44% from the previous year. Growth remains low as subdued birth rates and an older age structure keep natural increases low while net international migration decelerates sharply from its 2024 surge. Medical innovation and heightened health awareness have contributed to longer life spans, which have in turn supported modest ongoing population gains. The median age in the US also continues to edge upward annually.

Between 2021 and 2026, the population grew at a CAGR of 0.4%, modestly bolstered by immigration and the continued effects of rising life expectancy. The slow expansion reflects persisting demographic headwinds, including declining fertility rates and changes in family formation patterns. The lingering effects of the pandemic, including elevated mortality, delayed childbearing and disrupted migration, held growth at 0.16% in 2021, the weakest pace in modern records.

Growth improved through 2024 as net international migration rebounded, with inflows peaking around 2.7 million in 2024 before falling back sharply in 2025 as the Trump administration implemented restrictive immigration policies and stricter enforcement. Despite these trends, the United States remains a sought-after destination globally, supporting immigration-driven growth. Policies granting temporary protected status and asylum to individuals fleeing global conflicts have provided an incremental boost to population figures in recent years.

From 2021 to 2026, macroeconomic trends of slower household formation, ongoing improvements in healthcare and evolving immigration policy have combined to shape a moderate yet sustained increase in the US population. These patterns underscore both the resilience and the demographic challenges of the US, including the aging population profile and subdued birth rates, which are expected to persist as dominant structural forces through the current period.

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5-Year Outlook – Population

In 2027, the US population is projected to rise to 340.97 million, an increase of 0.43%. Growth w...

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