World population is currently around 6.47 billion as of 2005, with about 4 births and 2 deaths occurring every second, adding around 72 million people per year. There are varying views on whether population growth will lead to resource depletion or if human ingenuity can overcome these issues. Most population growth is occurring in less developed countries, which currently make up 80% of the world's people but over 90% of projected growth. By 2050, India will likely be the most populous country. Factors like increased incomes and education have led to declining fertility rates globally as part of the demographic transition process, but opinions differ on whether world population will stabilize this century or if poorer countries face a "demographic trap".