The information follows the Northern Ireland Statistics and Research Agency's (NISRA) most recent figures. The population is expected to increase to 1.95 million by the middle of 2033 and then decline to 1.93 million in 2047, according to the data.
It indicates that between mid-2022 and 2047, Northern Ireland will have had a 1.1% growth during a 25-year period.
The estimate predicts that natural change will result in a population decline of 32,400 persons until mid-2047, while net migration will result in a 53,800 increase in population.
Additionally, experts predict that throughout the next 25 years, there will be 495,900 deaths and 463,500 births.
Between mid-2022 and mid-2047, the number of people 65 and older is expected to rise by 49.6%, while the number of people 85 and older is expected to rise by 122.2%.
Northern Ireland is expected to have more adults aged 65 and over (377,700) than children (ages 0–15) (366,700) by the middle of 2027.
Additionally, Northern Ireland is projected to have the lowest population growth in the United Kingdom, at 1.1%, while England is expected to have the greatest, at 14.5%.
Population growth is predicted to be 10.3% for Wales and 6.2% for Scotland. The most recent estimates, according to NISRA, produce population numbers that are often lower than those stated in the interim predictions based on 2021.
Northern Ireland's population is expected to drop by 71,700 (3.6%) by the middle of 2047 compared to the mid-2021 estimate.