The world's population is tipped to hit 7.75 billion by the year-end

A study by Germany's Foundation for World Population estimates the world's population will stand at 7.75 billion by New Year's Eve.

The world's population has increased by 83 million people in 2019. Source: Moment RF

There will be some 7.75 billion people living on Earth on New Year's Eve, Germany's Foundation for World Population (DSW) estimates.

That is about 83 million more people than the year before, the DSW announced on Friday. The increase is roughly equivalent to the current population of Germany.

According to DSW, the population increases by an average of 2.6 people every second, a figure that represents the number of births minus the number of deaths.

The mark of 8 billion people on Earth will probably be reached in 2023.

There will be some 7.75 billion people living on Earth on New Year's Eve. Source: EyeEm

The foundation says women in Africa are currently having an average of 4.4 children, two more than the global average of 2.4 children.

According to current United Nations forecasts, the population in Africa will grow from the current 1.3 billion people to 2.5 billion by 2050.