The Global Cooperation Barometer 2026

2025 overview of peace and security – indicators and survey FIGURE 13 2025 indicators 2024–25 growth in defence spending,1 percentage of YoY increase in nominal termsNATO allies committing 2% national GDP to defence investment,2 # Number of forcefully displaced people, millionsApproved UN Peacekeeping budget, $ billions 60120 2014 15 16 17 18 19 20 21 22 23 2420250515 100 80102014 15 16 17 18 19 20 21 22 23 242025e01040 2030 EU Japan India Australia China 2025 survey results Forum council members: How would you describe the state of global cooperation in peace and security in 2025 compared to 2024? Executives: How has your company’s ability to conduct business been affected, if at all, by changes in global cooperation in 2025 compared to 2024 in peace and security? -30 -300515 10 9.711.1 9.5 4.7 4.9 2014 15 16 17 18 19 20 21 22 23 242025 H1 16% 31% 38% 14% 7% 35% 40% 4% 3% 10% 1% Net sentiment score (positive minus negative answers); ppStayed the sameLess cooperativeMore cooperative Much more cooperativeMuch less cooperative Don’t knowSomewhat more difficultNeither easier nor more difficult Somewhat easierMuch more difficult Much easier 1. India defence spending represents local fiscal year, where the 2025 figure corresponds to April 2025–March 2026. 2. Data for 2024 and 2025 corresponds to NATO estimates, based on existing 2% target for NATO allies. Sources: European Defence Agency; Japan Defense Ministry; India PRS Legislative Research, Australia Parliament House; China Power Project (CSIS); UN Peacekeeping; United Nations High Commissioner for Refugees (UNHCR); August 2025 Global Councils Survey, N=171 (finished responses); August 2025 Executive Survey N=799; McKinsey & Company analysis. The Global Cooperation Barometer 2026 26