The risk of asteroid 2024 YR4 hitting Earth seems to be creeping up as astronomers gather more data, but does that mean we should be scrambling to prepare for an impact in 2032?

Experts are tracking asteroid 2024 YR4, which has a 1.2% chance of impacting Earth in 2032. Observations continue to refine its path.

Researchers say there’s a 1.3 percent chance that the space rock 2024 YR4 could strike our planet — but not until December 2032.

YR4, measuring between 130 and 300 feet, could impact Earth in 2032 with a 1.9% chance. It has garnered global attention, but experts assure minimal risk of a catastrophic impact. NASA and ESA are monitoring the situation closely.

Look at it this way — there's around a 98 per cent chance an asteroid up to the size of a football field won't hit the Earth in eight years. Still, there's up to a two per cent chance it will, according to NASA and the European Space Agency (ESA).

The threat of Asteroid 2024 YR4 has not gone away just yet. The near-Earth object was discovered in December and calculations of its orbit showed something concerning: there was a remote possibility that it was going to hit our planet.