![]() The North Atlantic Treaty Organization (NATO) was also greatly expanded, adding 11 member states.Įffects of global warming and rising sea levels exacerbated the ecological crises, with eight islands disappearing between 20. ![]() Most EU member states introduced a common currency, the Euro. The European Union greatly expanded in the 21st century, adding 13 member states, but the United Kingdom withdrew. The world economy expanded at high rates from $42 trillion in 2000 to $94 trillion in 2021, though many economies rose at greater levels, some gradually contracted. In 2022, 45% of the world's population lived in "some form of democracy", although only 8% lived in "full democracies." The United Nations estimates that by 2050, two thirds of the world's population will be urbanized. The 2022 Russian invasion of Ukraine became the largest conventional military offensive in Europe since World War II, resulting in a refugee crisis and disruptions to global trade. The United States has remained the sole global superpower while China is now considered an emerging superpower. The NATO interventions in Afghanistan and Iraq in the early 2000s, and the overthrow of several regimes during the Arab Spring in the early 2010s, led to mixed outcomes in the Arab world, resulting in several civil wars and political instability. The rise of a global economy and Third World consumerism marked the beginning of the century, along with increased private enterprise and deepening concern over terrorism after the 9/11 terrorist attacks. It is the first century of the 3rd millennium. It began on 1 January 2001 and will end on 31 December 2100. The 21st century is the current century in the Anno Domini or Common Era, in accordance with the Gregorian calendar.
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