Although most major areas experienced similar levels of population growth between 1994 and 2014, Africa and Europe stood out, with growth rates significantly higher in Africa and lower in Europe compared with other regions (see figure I). Between 2014 and 2050, all major areas are expected to experience further reductions in their population growth rates, resulting in increasingly dramatic contrasts in population dynamics among them. For example, by 2050, Africa will be growing more than 6 times as fast as Latin America and the Caribbean and more than 15 times as fast as Asia. Partly because of international migration, the growth rates of both North America and Oceania will exceed those of Asia and Latin America and the Caribbean over the coming decades. Europe is projected to experience population decline after 2020. Overall, the global population growth rate is projected to fall to 0.5 per cent per annum by 2050.