Global Risks Report 2026

Mexico 01 st Crime and illicit economic activity 02 nd Insufficient public services and social protections (incl. education, infrastructure, pensions) 03 rd Economic downturn (e.g. recession, stagnation) 04 th Societal polarization 05 th Decline in health and well-being Mongolia 01 st Inflation 02 nd Economic downturn (e.g. recession, stagnation) 03 rd Lack of economic opportunity or unemployment 04 th Pollution (air, water, soil) 05 th Insufficient public services and social protections (incl. education, infrastructure, pensions) Morocco 01 st Lack of economic opportunity or unemployment 02 nd Insufficient public services and social protections (incl. education, infrastructure, pensions) 03 rd Inflation 04 th Natural resource shortages (food, water) 05 th Inequality (wealth, income) Nepal 01 st Lack of economic opportunity or unemployment 02 nd Economic downturn (e.g. recession, stagnation) 03 rd Inflation 04 th Talent and/or labour shortages 05 th Pollution (air, water, soil) Netherlands 01 st Misinformation and disinformation 02 nd Geoeconomic confrontation (sanctions, tariffs, investment screening etc.) 03 rd Talent and/or labour shortages 04 th Societal polarization 05 th Cyber insecurity New Zealand 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 Disruptions to a systematically important supply chain Nigeria 01 st Lack of economic opportunity or unemployment 02 nd Insufficient public services and social protections (incl. education, infrastructure, pensions) 03 rd Economic downturn (e.g. recession, stagnation) 04 th Inequality (wealth, income) 05 th Crime and illicit economic activity North Macedonia 01 st Inflation 02 nd Economic downturn (e.g. recession, stagnation) 03 rd Adverse outcomes of artificial intelligence technologies 04 th Lack of economic opportunity or unemployment 05 th Debt (public, corporate, household) Norway 01 st Decline in health and well-being 02 nd Lack of economic opportunity or unemployment 03 rd Economic downturn (e.g. recession, stagnation) 04 th Misinformation and disinformation 05 th Extreme weather events (floods, heatwaves etc.) Namibia 01 st Lack of economic opportunity or unemployment 02 nd Inequality (wealth, income) 03 rd Debt (public, corporate, household) 04 th Insufficient public services and social protections (incl. education, infrastructure, pensions) 05 th Crime and illicit economic activity Nepal 01 st Lack of economic opportunity or unemployment 02 nd Economic downturn (e.g. recession, stagnation) 03 rd Inflation 04 th Talent and/or labour shortages 05 th Pollution (air, water, soil) Mozambique 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 Debt (public, corporate, household) 05 th Crime and illicit economic activity 05 th Misinformation and disinformation TABLE C.2 Top five risks identified by the Executive Opinion Survey (EOS) 2025 Global Risks Report 202687