Global Risks Report 2026

Belgium 01 st Economic downturn (e.g. recession, stagnation) 02 nd Lack of economic opportunity or unemployment 03 rd Decline in health and well-being 04 th Insufficient public services and social protections (incl. education, infrastructure, pensions) 05 th Adverse outcomes of artificial intelligence technologies Bolivia (Plurinational State of) 01 st Inflation 02 nd Economic downturn (e.g. recession, stagnation) 03 rd Lack of economic opportunity or unemployment 04 th Societal polarization 05 th Debt (public, corporate, household) Bosnia and Herzegovina 01 st Economic downturn (e.g. recession, stagnation) 02 nd Debt (public, corporate, household) 03 rd Inflation 04 th Lack of economic opportunity or unemployment 05 th Crime and illicit economic activity Botswana 01 st Lack of economic opportunity or unemployment 02 nd Economic downturn (e.g. recession, stagnation) 03 rd Decline in health and well-being 04 th Inequality (wealth, income) 05 th Insufficient public services and social protections (incl. education, infrastructure, pensions) Brazil 01 st Economic downturn (e.g. recession, stagnation) 02 nd Insufficient public services and social protections (incl. education, infrastructure, pensions) 03 rd Debt (public, corporate, household) 04 th Crime and illicit economic activity 05 th Inflation Brunei Darussalam 01 st Lack of economic opportunity or unemployment 02 nd Economic downturn (e.g. recession, stagnation) 03 rd Talent and/or labour shortages 04 th Inflation 05 th Debt (public, corporate, household) Bulgaria 01 st Economic downturn (e.g. recession, stagnation) 02 nd Inflation 03 rd Lack of economic opportunity or unemployment 04 th Decline in health and well-being 05 th Inequality (wealth, income) Cameroon 01 st Inflation 02 nd Crime and illicit economic activity 03 rd Debt (public, corporate, household) 04 th Cyber insecurity 05 th Decline in health and well-being Canada 01 st Economic downturn (e.g. recession, stagnation) 02 nd Inflation 03 rd Misinformation and disinformation 04 th Decline in health and well-being 05 th Lack of economic opportunity or unemployment Cape Verde 01 st Inflation 02 nd Decline in health and well-being 03 rd Lack of economic opportunity or unemployment 04 th Inequality (wealth, income) 05 th Talent and/or labour shortages Chad 01 st Inequality (wealth, income) 02 nd Involuntary migration or displacement 03 rd Economic downturn (e.g. recession, stagnation) 04 th Disruptions to a systematically important supply chain 05 th Extreme weather events (floods, heatwaves etc.) Chile 01 st Crime and illicit economic activity 02 nd Insufficient public services and social protections (incl. education, infrastructure, pensions) 03 rd Societal polarization 04 th Lack of economic opportunity or unemployment 05 th Economic downturn (e.g. recession, stagnation) Colombia 01 st Decline in health and well-being 02 nd Lack of economic opportunity or unemployment 03 rd Crime and illicit economic activity 04 th Societal polarization 05 th Economic downturn (e.g. recession, stagnation) Costa Rica 01 st Crime and illicit economic activity 02 nd Insufficient public services and social protections (incl. education, infrastructure, pensions) 03 rd Societal polarization 04 th Lack of economic opportunity or unemployment 05 th Debt (public, corporate, household) Côte D'Ivoire 01 st Lack of economic opportunity or unemployment 02 nd Insufficient public services and social protections (incl. education, infrastructure, pensions) 03 rd Decline in health and well-being 04 th Misinformation and disinformation 05 th Erosion of human rights and/or civic freedoms TABLE C.2 Top five risks identified by the Executive Opinion Survey (EOS) 2025 Global Risks Report 202683